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.

Computer Sciences

Making Bitcoin more secure

A computer science engineer at Michigan State University has a word of advice for the millions of bitcoin owners who use smartphone apps to manage their cryptocurrency: don't. Or at least, be careful. Researchers from MSU ...

Business

Economic downturn fueling Argentine crypto craze

Argentina's economic downturn, with high inflation, a deflating currency and a shortage of US dollars to invest in, has in fact proved a shot in the arm for one sector: cryptocurrency.

Energy & Green Tech

China's bitcoin mining rush risks derailing climate goals

China's electricity-hungry bitcoin mines that power nearly 80 percent of the global trade in cryptocurrencies risk undercutting the country's climate goals, a study in the journal Nature Communications said on Tuesday.

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