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2019-11-21 04:41:07
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.
3 June, 2020
Reuters Lyft said some cities were starting to see significant rebounds following the coronavirus' decimation of ride-hailing requests. Overall, US rides were up 26% in May compared to April, with......More
3 June, 2020
REUTERS Growth stocks have significantly outperformed value stocks over the past decade, but that could change in the short term, according to notes from Goldman Sachs and Bank of America. Over......More
3 June, 2020
The Atlantic hurricane officially began on Monday, and the very next day, Tropical Storm Cristobal spun up in the Gulf of Mexico. Forecasts called for this to be a busy season, and according to Gizmodo......More
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