bitcoin, Tag

Bitcoin mining – the process in which a bitcoin is awarded to a computer that solves a complex series of algorithm – is a deeply energy intensive process

Bitcoin is a huge energy hog. And Tesla's recent announcement that it had bought $1.5 billion bitcoin — and will soon accept the cryptocurrency as payment for its cars — will only encourage more energy usage.[...]

In their latest scan of emerging global biological conservation issues, experts assess the 15 most urgent risks society needs to address

South Africa-based renewable energy startup Sun Exchange has raised $3 million to close its Series A funding round totaling $4 million. The company operates a peer-to-peer, crypto-enabled business that allows individuals...

Guest “you gotta be kidding me” by David Middleton Solar-Powered Bitcoin Mining Could Be a Very Profitable Business Model Tam Hunt outlines the compelling economics for using solar to supply Bitcoin mining operations...

Hardware and IP addresses analyzed to assess the carbon footprint of the cryptocurrency Technical University of Munich (TUM) The use of Bitcoin causes around 22 megatons in CO2 emissions annually – comparable to the...

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today that’s harnessing the algorithms used by companies like Facebook and Google for artificial...

As a Bitcoin maker who covered the oil industry as a journalist, I see parallels between the two that may haunt cryptocurrency

As a Bitcoin maker who covered the oil industry as a journalist, I see parallels between the two that may haunt cryptocurrency

New research reveals that cryptocurrencies require far more electricity per-dollar than it takes to mine most real metals

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...