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Tag: electricity consumption

May’s Bitcoin Rewards Halving Will Force Weak Miners Off the Network

With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward...

Proof of Stake Vs. Proof of Work: Which One Is ‘Fairer’?

This is the first of two articles providing a deeper dive into the eternal debate between the Proof of Stake (PoS) and Proof...

Attention For Time Series Forecasting And Classification

Transformers (specifically self-attention) have powered significant recent progress in NLP. They have enabled models like BERT, GPT-2, and XLNet to form powerful language...

Making accurate energy consumption predictions with Amazon Forecast

Amazon Forecast is a fully managed service that uses machine learning (ML) to generate highly accurate forecasts, without requiring any prior ML experience....

The Dangerous Impact of Cryptocurrency Mining on the Environment

This article was originally posted on The Bitcoin News - a trusted site covering numerous topics related to Bitcoin since 2012. More and more...

Ripple Chief Critical of Bitcoin, Ethereum ‘Wasteful’ Energy Consumption

As if there wasn’t enough tribalism within the crypto community already, Ripple’s CEO has blatantly bashed bitcoin and...

Analyst Claims 98% of Mining Rigs Fail to Verify Transactions

Alex de Vries, the founder of the Digiconomist, has given a damning assessment of the electricity consumed by Bitcoin (BTC) mining in an...

Cannabis Technology Opportunities: What’s Coming This Decade?

Technology affects every part of the cannabis supply chain from big data and cultivation to sales, delivery, and everything in between. As marijuana...

Chinese Middle School Principals Expelled For Mining Ethereum (ETH) In School

Chinese Middle School Principals Expelled For Mining Ethereum (ETH) In School
Two employees at a Chinese school, the principal and vice-principal, have reportedly been dismissed from their duties for mining Ether (ETH) on school property using the institution’s electricity and facilities. The two principals are said to have secretly installed mining rigs at Puman Middle School in China’s Chenzhou, Hunan province, stealing the school’s power to […]

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