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Nalezeno "energy consumption": 182

Ark Invest: Bitcoin Mining Net Positive to Environment, Concerns of BTC’s Energy Consumption Are Misguided

18.5.2021
Following concerns raised by Tesla CEO Elon Musk about Bitcoin’s energy consumption, global asset manager Ark Investment Management explained that the concerns are “misguided.” Referring to its research using real-world data, the investment firm emphasized that “the impact...

Iranian crypto miners using household energy to face large fines

17.5.2021
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages

Banking system consumes two times more energy than Bitcoin: research

17.5.2021
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year

Banking System Uses Significantly More Energy Than Bitcoin, Research Shows

17.5.2021
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report...

Crypto industry brass explains harnessing renewable energy could help BTC miners

14.5.2021
Bitcoin mining via renewable energy is already prominent, one CEO explains

The Aspiring Answers to Bitcoin’s Enormous Energy Footprint

14.5.2021
Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain...

Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments

14.5.2021
Tesla’s decision to cease Bitcoin payments ignited a green energy debate that sent the price of low energy consumption protocols like NANO, HBAR and EWT higher

What Is Nano? Fee-Free Crypto Asset Gains 60% Intraday

13.5.2021
Nano, a relatively obscure cryptocurrency, managed to catch the spotlight yesterday due to its singular transactional proposal. But, what is Nano really, and why did the token manage to skyrocket more than 60% in just a few hours? Nano and Its Fee-Free Approach Nano, a fairly unknown cryptocurrency...

Comedian Bill Maher excoriates environmental impact of crypto

2.5.2021
The mention of Dogecoin still got a few cheers from the socially distanced audience

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...

Beijing investigates crypto mining farms to improve energy efficiency

29.4.2021
Bitcoin's electricity bill has been attracting the attention of regulators worldwide

Former gov't official blames crypto mining for energy crisis in Kyrgyzstan

28.4.2021
As the Kyrgyz government discusses raising electricity tariffs again, a former official says that crypto mining is a significant driver of the ongoing energy crisis

Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption

25.4.2021
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other...

Asia-Pacific’s solarized digitalization agenda in pandemic times

24.4.2021
Amid the COVID-19 pandemic, the role of digitalization has become central to achieving sustainability and lessening climate change

Expert Believes Nuclear-Powered Crypto Mining Could Help Ukraine to Solve Energy Spending Problems

16.4.2021
Bitcoin mining could be a proper asset to solve one of the significant issues in the Ukrainian energy sector: spending. A financial expert praised the recent push given by Ukraine’s government to nuclear-powered crypto mining across the nation. Crypto Mining Can ‘Smooth out’...