Archive for the ‘News’ Category

Is cryptocurrency mining an environmental issue?

Mark Gimein, writing for Bloomberg News, commented that bitcoin mining uses quite a bit of power. Enough that he calls it a “real-world environmental disaster”: About 982 megawatt hours a day, to be exact. That’s enough to power roughly 31,000 U.S. homes, or about half a Large Hadron Collider. […] Real-world mining of precious metals […]