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Is This The Solution To Bitcoin"s Massive Electricity Consumption Problem

Is This The Solution To Bitcoin's Massive Electricity Consumption Problem By Eric Peters, CIO of One River Asset Management, which.....»»

Category: worldSource: nytApr 22nd, 2021

3 bitcoin-mining experts explain why concerns around the cryptocurrency"s massive energy consumption are overblown

Bitcoin's rally has reignited fears that mining the coin is harmful to the environment. Crypto experts argue concerns have been taken out of context. Bitcoin mi.....»»

Category: topSource: businessinsiderMar 14th, 2021

: Electricity to power bitcoin surges to new heights as price gets Tesla boost

Tesla's disclosure that it has purchased $1.5 billion of bitcoin has had the effect of sending the estimated electricity consumption of the cryptocurrency to new levels......»»

Category: topSource: marketwatchFeb 9th, 2021

This teenage tech prodigy tells us he can fix Bitcoin"s energy consumption problem

Álex Sicart was coding at 10, had created his first app at 13, and was chosen by Forbes as one of their most influential young Europeans under 30 in 2017. The young tech prodigy is currently preparing to become a consultant on disruptive.....»»

Category: topSource: businessinsiderMay 31st, 2018

Bitcoin May Accelerate Greenhouse Gas Problem

There is a new culprit in the greenhouse gas wars. Bitcoin and other blockchain activities use enough energy that they are a threat to lowering energy consumption......»»

Category: blogSource: 247wallstAug 2nd, 2018

It's Bitcoin, Not Blockchain - Seeking Alpha

BlockonomiIt's Bitcoin, Not BlockchainSeeking AlphaMany people mistakenly think that the technology underpinning Bitcoin is the blockchain. The blockchain has been pitched as a solution to many problem.....»»

Category: topSource: googlenewsSep 18th, 2018

Bitcoin mining uses half the energy the traditional banking system does, says new research from Mike Novogratz"s firm

Galaxy Digital researchers argue that the energy consumption of bitcoin is under fire due to the transparency of data. Stephen Lam/Get.....»»

Category: personnelSource: nyt3 hr. 21 min. ago

Elon Musk"s concerns about bitcoin"s energy consumption are misguided, Ark Invest says

Bitcoin has fallen 32% since Musk said Tesla would no longer accept bitcoin as a form of.....»»

Category: personnelSource: nyt3 hr. 21 min. ago

: Bitcoin extortion: How cryptocurrency has enabled a massive surge in ransomware attacks

The Colonial Pipeline episode is likely to bring even greater interest in the regulation of bitcoin and other cryptocurrencies as law enforcement seeks to track down the perpetrators, and policymakers hope to prevent similar attacks from happening again......»»

Category: topSource: marketwatchMay 15th, 2021

As Dogecoin Rally Mutes, "Cheaper" Ethereum, Bitcoin Look-Alikes Stike Massive Gains

Dogecoin (DOGE) traded nearly 17% lower on Thursday night at press time as the cryptocurrency took a breather from its recent upwards march, but Ethereum Classic (ETC) and Bitcoin Diamond (BCD) charted a different course. read more.....»»

Category: blogSource: benzingaMay 6th, 2021

The Conversation: A new cryptocurrency called chia could push up hard-drive prices for everyone

Unlike bitcoin, chia won’t use huge amounts of electricity and won’t see miners buying up every graphics card in sight......»»

Category: topSource: marketwatchMay 6th, 2021

Shark Tank star Kevin O"Leary once called bitcoin "garbage", but said the cryptocurrency now makes up 3% of his portfolio

O'Leary told Yahoo Finance there's "a big problem brewing" in the crypto industry around how and.....»»

Category: smallbizSource: nytMay 5th, 2021

Bitcoin & A Lesson In Electricity Markets

Bitcoin & A Lesson In Electricity Markets Authored by Joakim Book via The American Institute for Econ.....»»

Category: blogSource: zerohedgeMay 3rd, 2021

Tesla reveals $101 million bitcoin profit following its massive cryptocurrency investment

In February, Elon Musk's automaker announced that it had bought $1.5 billion worth o.....»»

Category: smallbizSource: nytApr 27th, 2021

Does Bitcoin Have an Energy Problem? – CoinDesk

Does Bitcoin Have an Energy Problem? – CoinDesk.....»»

Category: personnelSource: nytApr 22nd, 2021

TaxWatch: Tax cheats cost the U.S. more than previously thought — and Bitcoin is part of the problem, IRS commissioner says

'We do get out-gunned,' IRS commissioner Charles Rettig said at a Senate Finance Committee hearing......»»

Category: topSource: marketwatchApr 13th, 2021

HSBC bans clients from buying shares of MicroStrategy, which has become known for its massive bitcoin purchases

In a note to a client, the bank said while the account can hold and sell shares of MicroStrategy, i.....»»

Category: topSource: businessinsiderApr 12th, 2021

TaxWatch: The IRS wants to know all about your Bitcoin holdings — and this court summons is a reminder

There's a problem with under-reporting crypto transactions, the tax collection agency says......»»

Category: topSource: marketwatchApr 5th, 2021

The crypto market has doubled in value to $2 trillion in just 3 months amid a massive rally

The new record came just a few months after the cryptocurrency market hit the $1 trillion mark for the first time in January. Bitcoin's meteoric rise has boosted crypto hedge funds Dado Ruvic/Reuters The marke.....»»

Category: smallbizSource: nytApr 5th, 2021

Could Bitcoin Solve The Oil Flaring Problem?

Could Bitcoin Solve The Oil .....»»

Category: dealsSource: nytApr 4th, 2021

Bitcoin uses as much energy as Sweden and is on course to use even more. Experts say that"s a "major problem" for its future.

Bill Gates has said bitcoin was "not a great climate thing." As it surges in value, miners hu.....»»

Category: dealsSource: nytMar 31st, 2021