Tag: carbon footprint

  • Bitcoin

    Electricity Consumption of Bitcoin is a Non-Issue: Solar Energy is Free in Some Regions

    Bitcoin and its trustless, decentralized design requires a unique process called mining that validates each transaction being added to its underlying blockchain. The process involves solving complex mathematical equations, and typically requires some serious computer processing power, and even specially-designed hardware, to validate each block. Due to the...

    Tony Spilotro | December 18, 2018 | 5:01 pm
  • melted

    No, Bitcoin is Not Going to Melt the Planet

    As Bitcoin adoption increases, a new study published Monday by Nature Climate Change warns that energy-demanding Bitcoin transactions would easily sling the global temperature past the 2-degree threshold set under the Paris Climate Agreement. But, is it true that Bitcoin is this energy inefficient that the mainstream media...

    Dalmas Ngetich | October 30, 2018 | 12:00 pm
  • New York

    The Bitcoin Network Uses as Much Electricity as Ireland: Study

    According to a new study, the Bitcoin network could be consuming as much as 0.5% of the world’s total electricity — a number comparable to the amount of power used by the entire country of Ireland.  Bitcoin and Electricity Usage That said, determining exactly how much electricity the...

    newsbtc | May 17, 2018 | 10:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.


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