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Tag: electricity

Banking system consumes two times more energy than Bitcoin: research

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.

The 2021 GreenBiz 30 Under 30

Their dreams are bright: Walkable, equitable cities. Clean energy for Native American communities. Planet-healing fast food. Circular outdoor gear. Decarbonized buildings. Electrified mobility....

Galaxy Digital: Bitcoin Consumes Less Energy than Banking and Gold

Galaxy Digital has released a report on Bitcoin energy consumption, detailing how it consumes less than traditional financial industries and the value it can bring.

The post Galaxy Digital: Bitcoin Consumes Less Energy than Banking and Gold appeared first on BeInCrypto.

Why did Elon slam the brakes on bitcoin?

In a single tweet, Elon Musk made bitcoin go into a free fall. The announcement caused the price of bitcoin drop by more...

The Rise of NFTs: Exploring the Use Cases Beyond the Art Industry

Non-fungible tokens will surely go down in the history books of the cryptocurrency saga. Despite marking its powerful comeback in 2021, this mania...

Xinhua Silk Road: China state-owned grid firm’s Jiangsu branch explores new path to boost local low carbon development

The company, affiliated to state-owned State Grid Corporation of China, released in Nanjing, capital of Jiangsu on Tuesday a blue paper named clean...

Whisker Labs Announces Further Expansion of Ting Distribution

Ting quietly monitors the entire home from a single DIY plug-in device. It is incredibly gratifying each time Ting helps...

Bitcoin Mining Company Vows to be Carbon Neutral Following Tesla’s Recent Statement

It goes without saying that Tesla took center stage last week when the company announced it would no longer support bitcoin payments for...

There is something different this time around for MATIC and ETH

It goes without saying that Tesla took center stage last week when the company announced it would no longer support bitcoin payments for...

Ripple Partners with Sustainability Leaders to Reach Goals by 2030

Ripple has added its voice to the ongoing cryptocurrency sustainability pool with the announcement that it aims to hit carbon net zero by 2030. And it has partnered with various sustainability leaders to achieve that aim.

The post Ripple Partners with Sustainability Leaders to Reach Goals by 2030 appeared first on BeInCrypto.

Iran to Issue Fines for Crypto Miners Using Household Electricity

The Iranian government is hardening its stance on cryptocurrency mining as it announces anyone caught using household electricity to do it will...

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