Business

Bitcoin as environmentally costly as beef production

Taken as a share of the market price, the environmental costs of mining the digital cryptocurrency Bitcoin are more comparable to the climate damages of producing beef than gold mining costs, according to analysis published ...

Business

Cryptocurrency's dirty secret: Energy consumption

Though skeptics may characterize cryptocurrency as "fake money," "worse than tulip bulbs," or outright fraud, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently ...

Business

Bitcoin miners descend on Georgia to mint new currency

Georgia was the site of America's first gold rush in 1828 when miners flocked to the mountains near Dahlonega looking to strike it rich. Nearly 200 years later, a new wave of miners is descending on the state.

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