Business

Why does bitcoin consume 'insane' energy?

Cryptocurrency fans have counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and singling out carbon emissions from bitcoin mining for ...

Business

Climate harm puts brakes on buying Teslas with bitcoin

Tesla hit the brakes Wednesday on letting people pay for electric cars with bitcoin, saying the computing-intense mining process of creating new cryptocurrency spews climate-harming emissions.

Internet

Bitcoin world faces 'halving': what's happening?

Bitcoin miners, whose computer processors enable the running of the world's most popular virtual currency, will soon face an event that takes place every four years and alters the profitability of the hi-tech industry.

Energy & Green Tech

Spotlight glare on Bitcoin as numbers show mining's energy use

(Tech Xplore)—We heard in early studies that Bitcoin used much energy. Digiconomist can take us down memory lane when an investigation into the energy consumption of the Bitcoin network was conducted by Karl J. O'Dwyer ...