Banking uses 56 times more energy than Bitcoin: Valuechain report

Banking uses 56 times more energy than Bitcoin: Valuechain report
фото показано с : cointelegraph.com

2022-6-17 16:16

Analysis of Bitcoin’s proof-of-work and the Lightning Network exposes the banking system as energy-hungry, demonstrating that Bitcoin is better for the planet. origin »

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bitcoin banking system exposes network planet energy-hungry

Источник: cointelegraph.com

bitcoin banking → Результатов: 126


Bank CEOs Testified Before the US Congress Regarding Changes in the Banking Industry

CEOs of different recognized banks have testified before the US House of Representatives Financial Services Committee regarding how the banking industry has changed over the last 10 years. The meeting took place on April 10, and other topics such as digital currencies and blockchain technology have also been addressed. Since Bitcoin’s creation 10 years ago, […]

2019-4-11 20:13


‘Bitcoin Guru’ Antonopoulos Claims Fungibility Issues Threaten Bicoin’s Domination

The author of ”Mastering Bitcoin” and notable educator Andreas Antonopoulos has claimed bitcoin’s domination is under threat over the next few years due to privacy concerns. Design and Fungibility: important things for longtime success At the Deconomy Conference in South Korea, the crypto guru shared his opinion regarding Bitcoin’s future in light of the unaddressed privacy issues.

2019-4-10 11:32


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Lazarus Hacker Group Continues to Target Crypto Using Faked Trading Software

This article was originally published by 8btc and written by Lylian Tang. The Chinese security service provider 360 Security has issued a warning that a large number of crypto exchanges have been targeted by the North Korean hacker group Lazarus and that the number is still rising after the recent hacks of crypto exchanges DragonEx, Etbox and BiKi.

2019-4-2 21:54


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Liquidators put the final nail in Gatecoin’s coffin

One of the first regulated cryptocurrency exchanges, Gatecoin, has officially been taken over by liquidators following a series of hacks and banking problems. In a document sent to creditors of the exchange late last week, the liquidators state that “all powers of the directors of Gatecoin have ceased and the directors no longer have any authority to deal with the assets and/or undertakings of Gatecoin.

2019-4-1 11:45


6 Banks Total $139 Billion in Bank Fines Since 2000: Cost of Dirty Money Outnumbers Total Crypto Market Cap Extensively, Need for a Plan

The common narrative among the regulators and mainstream media is that Bitcoin makes it easy for the criminals to launder money. But the real picture is something else entirely. If we take a look at the fines paid by the banking giants all over the world, the total market cap of the cryptocurrency market would […]

2019-3-27 16:48


How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban

The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation and Lift the RBI Ban appeared first on Bitcoin News.

2019-3-25 13:45


How Indian Crypto Enthusiasts Can Help Influence Regulation

The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways Indian crypto enthusiasts can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular social […] The post How Indian Crypto Enthusiasts Can Help Influence Regulation appeared first on Bitcoin News.

2019-3-25 13:45


How to Help Influence Crypto Regulation in India

The Indian crypto community is ramping up its efforts to bring about positive crypto regulation and an end to the banking ban imposed by the country’s central bank. There are several ways crypto enthusiasts in India can join in on the efforts, the CEO of a local crypto exchange, who has been running a popular […] The post How to Help Influence Crypto Regulation in India appeared first on Bitcoin News.

2019-3-26 13:45


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Australian Bank ANZ Still Doesn’t Understand Blockchain Technology

The Australia and New Zealand Banking Group Limited (ANZ) has thrown some serious shade at distributed ledger technology — commonly referred to as ‘the blockchain. ’  According to the third-largest bank by market capitalization in Australia, legacy financial institutions aren’t exactly under immediate threat from the trustless transactions introduced by Bitcoin (BTC) and its creator, Satoshi Nakamoto.

2019-3-25 04:00


What Crypto Bear Market? Japanese Banking Giant SBI Will Soon Mine Bitcoin

SBI Holdings, a major financial and banking giant in Japan, has formally announced the launch of SBI Mining Chip Co. , Ltd. , officially entering the bitcoin mining industry. In recent months, the most dominant forces in the global bitcoin mining industry in the likes of Bitmain, Cannan, and Japanese internet conglomerate GMO have struggled to adjust to market conditions.

2019-3-23 20:45


Фото:

Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


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