Bitcoin compared to what? New index shows energy consumption
Bitcoin has landed front and center in the ongoing debate over benefits of cryptocurrencies and impact on the environment.
Energy & Green Tech
Page 15 - News tagged with bitcoins
Energy & Green Tech
Empirical energy consumption model quantifies Bitcoin's carbon footprint
Researchers have conducted the first analysis of Bitcoin power consumption based on empirical data from IPO filings and localization of IP addresses. They found that the cryptocurrency's carbon emissions measure up to those ...
Jun 12, 2019
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Energy & Green Tech
Renewable energy won't make Bitcoin 'green,' but tweaking its mining mechanism might
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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Energy & Green Tech
Mining bitcoin uses more energy than Denmark: study
Extracting a dollar's worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar's worth of gold, researchers said Monday.
Nov 5, 2018
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Energy & Green Tech
Bitcoin estimated to use half a percent of the world's electric energy by end of 2018
Bitcoin's burgeoning electricity demands have attracted almost as much attention as the cryptocurrency's wildly fluctuating value. But estimating exactly how much electricity the Bitcoin network uses, necessary for understanding ...
May 16, 2018
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Internet
Is your computer secretly mining Bitcoin alternatives? A guide to 'cryptojacking'
Nothing comes for free, especially online. Websites and apps that don't charge you for their services are often collecting your data or bombarding you with advertising. Now some sites have found a new way to make money from ...
Dec 19, 2017
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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 ...
Business
Microsoft announces Coco Framework to facilitate businesses looking to adopt blockchain tech
(Tech Xplore)—Business watchers are looking to blockchain technology as transformational but easier said than done.
Security
Using Bitcoin to prevent identity theft
A reaction to the 2008 financial crisis, Bitcoin is a digital-currency scheme designed to wrest control of the monetary system from central banks. With Bitcoin, anyone can mint money, provided he or she can complete a complex ...
May 24, 2017
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Internet
Blockchain is useful for a lot more than just Bitcoin
Blockchain technology is not just useful for creating digital currencies such as Bitcoin or developing new financial technologies.
May 10, 2016
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