bitcoin, Tag

The energy used in our digital consumption is set to have a bigger impact on global warming than the entire aviation industry

Though bitcoin's value may rise and fall dramatically, the energy required to produce bitcoins seems to be ever on the rise. Researchers estimate that the bitcoin network may consume as much as 7.7 gigawatts of energy, the...

MPs cast doubt on whether energy efficiency gains can keep offsetting rising power demand

The island nation is the first to use more electricity on mining cryptocurriencies than on its households – thanks in part to its magma-fuelled power plants

From voting to healthcare, music to energy production, blockchain may just change the way we run our livesA blockchain allows the authentication of transactions without them needing to be administered or guaranteed by a central...

This indoor garden is heated by something totally unexpected: bitcoin mining. When software company owner Bruce Hardy saw how much heat his computers were generating, he decided to put that extra energy to good use. Now,...

This indoor garden is heated by something totally unexpected: bitcoin mining. When software company owner Bruce Hardy saw how much heat his computers were generating, he decided to put that extra energy to good use. Now,...

Cypto currencies are killing the world and saving them at the same time It’s the battle of the cryptos. Bitcoin is set to destroy the global climate due to exponential electricity consumption. Mining for bitcoins consumes...

You've probably been hearing about how much electricity Bitcoin is consuming: more than 33 terrawatt-hours (TWh) in 2017. The Land Art Generator Initiative (LAGI), which promotes the intersection between renewable energy...

 Solar power could transform small communities around the world, but remote villages can’t always scrape together the thousands of dollars required to install the cells...

Network’s estimated power use also exceeds that of 19 other European countries, consuming more than five times output of continent’s largest windfarm

The power consumed by the internet giants’ massive server farms and the mining of the cryptocurrency are growing into a giant environmental headache

Although Bitcoin has suffered a dramatic fall in value over the past several days, 2017 has seen Bitcoin's value reach new heights. But with its increased value comes an increased strain on energy consumption. According to cryptocurrency...

 A bitcoin transaction wastes as much electricity as it takes to power an American home for a week, and legendary coder Bram Cohen wants to fix that...

In the last month, Bitcoin — the biggest and best-known cryptocurrency— rose in value by 480 percent. The sudden spike spurred more people to invest in the currency, while others dedicate computers to the task of mining...