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2019-11-21 04:41:071 Oct 2018 01:53 AM EST
Bitcoin is an immaterial resource derived from hype and blind faith. Even so, it is still generating a dark cloud of carbon pollution. Cryptocurrency mining facilities use so much energy that the government of Abkhazia cut power to 15 mining centers last year. Some researchers have estimated that Bitcoin alone could push us over the critical two-degree celsius threshold. But Gizmodo reports a new study shows that its carbon footprint isn't as big as we thought. Digiconomist estimates the Bitcoin mining network generates 34.73 megatonnes of carbon dioxide per year, comparable to Denmark. But a more recent study puts it at a more modest 17.29 megatonnes in 2018, comparable to the city of Vancouver. That's good news for a thing typically generating headlines of hacks, bubbles, scammers, and more scammers.
21 January, 2020
President Donald Trump's legal team on Monday tipped their hand regarding their defense strategy. CNN reports the team filed a lengthy response calling the charges Trump committed impeachable offenses......More
21 January, 2020
CNN Business reports that Nestlé, the world's largest food company, has made a move to stay competitive. They have added vegan sausage to their food offering lineup. Starting in March, the Swiss......More
21 January, 2020
People are said to be retiring later in life. But according to Business Insider, they're also retiring earlier! With shifting perspectives on age and changes in the workplace, people are extending......More
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