Tagged: energy consumption

Bitcoin Mining Report: Carbon Emissions by Electricity Providers Supplying the BTC Network are Inconsequential

February 15, 2022 @ 6:51 pm By Omar Faridi |

Bitcoin’s energy usage and its “indirect” environmental impact have been a topic of heated discussions, from “humble” beginnings in early forum posts of Satoshi Nakamoto (the pseudonymous creator of Bitcoin), to its eventual culmination as the topic of an entire committee hearing in the US… Read More

Read more in: Blockchain & Digital Assets, Global | Tagged bitcoin, bitcoin mining, btc, btc mining, carbon footprint, coinshares, crypto mining, energy consumption, research, Research Report, Research Study

Bitcoin (BTC) Mining Is A “Dirty Business” because it Wastes Massive Amounts of Energy, Industry Analyst Argues

January 27, 2021 @ 8:19 pm By Omar Faridi |

Institutional investors have been gaining more exposure to alternative assets such as Bitcoin — particularly large hedge funds. These clients are now willing to aggressively promote or defend Bitcoin’s (BTC) unpredictable and wild price fluctuations. Large publicly listed firms such as MicroStrategy believe or claim… Read More

Read more in: Blockchain & Digital Assets, Global, Opinion | Tagged bitcoin, bitcoin mining, btc, cambridge center for alternative finance, crypto mining, digital currencies, energy consumption, esg, power consumption, proof of work, virtual currencies