'No need to apologize,' says Pompliano chiming in on the Bitcoin energy debate

2021-12-30 04:30

Bitcoin mining has long been singled out for its contribution to rising global carbon emissions. Estimates suggest that the Bitcoin network consumes roughly 122 terawatt-hours of electricity annually.

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bitcoin emissions estimates suggest carbon global contribution

Источник: ambcrypto.com

bitcoin emissions → Результатов: 50


Big Crypto Bag Holder Barry Silbert Says Bitcoin Mining is 50x More Useful than Gold

Barry Silbert, the COE and founder of Digital Currency Group, pushed back against claims concerning bitcoin mining that had appeared in the Nature International Journal of Science. The article explained that mining of bitcoin is three times costlier than gold and its emissions are substantial when it comes to the four largest cryptocurrencies. About 3 […]

2018-11-8 19:24


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Bitcoin’s Rise Reflects Governments’ Failure To Stabilize National Currencies

Bitcoin is digital gold for a digital generation. Libertarian proponents of cryptocurrencies, like America’s Founding Fathers before them, argue that fiat currencies are nothing but Monopoly paper: Why does fiat cash have value when it’s not backed by any real asset, such as gold or silver? In 1786, Thomas Paine wrote: “Gold and silver are the emissions of nature: paper is the emission of art.

2018-9-3 16:00


Swiss Alps Energy Takes Crypto Mining to Alpine Heights

Swiss Alps Energy wants to use empty buildings in the Swiss Alps to create cost-effective and eco-friendly mining centres. Bitcoin mining consumes massive amounts of energy. It requires more energy than the Republic of Ireland and produces 20 megatons of CO2 emissions, which is comparable to the impact of one million transatlantic flights, according to The post Swiss Alps Energy Takes Crypto Mining to Alpine Heights appeared first on ItsBlockchain.

2018-6-11 15:39

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