Energy & Green Tech
(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 ...
Business
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 ...
Sep 29, 2022
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Energy & Green Tech
The cryptocurrency Bitcoin is known for its massive energy footprint. Now, researcher Alex de Vries, from PricewaterhouseCoopers (PwC) in the Netherlands, suggests that renewable hydropower production cannot supply the large ...
Mar 14, 2019
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Business
Mining for bitcoin generates substantial electronic waste that "represents a growing threat to the environment", according to a recent study.
Sep 17, 2021
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Business
Could bitcoin mining be the salvation of the embattled nuclear energy industry in America?
Aug 11, 2021
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Internet
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.
May 7, 2020
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Business
Bitcoin mining is often perceived as environmentally damaging because it uses huge amounts of electricity to power its intensive computing needs, but a new study demonstrates how wind and solar projects can profit from bitcoin ...
Nov 27, 2023
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Business
Amid the loud fans and a towering wall of supercomputers, a digital gold rush is taking place in Texas.
Nov 27, 2023
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Business
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 ...
May 5, 2022
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Business
Cryptocurrency mining uses a significant amount of water amid the global water crisis, and its water demand may grow further. In a commentary published November 29 in the journal Cell Reports Sustainability, financial economist ...
Nov 29, 2023
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