Tagged: power consumption

Hedera Hashgraph Devs Report Going Carbon Negative

August 8, 2021 @ 12:33 pm By Omar Faridi |

The team at Hedera Hashgraph has shared an update on their plans to go Carbon negative. The Hedera Hashgraph team notes that public blockchain and distributed ledger technologies (DLT) have “ushered in a new era of the web.” We now have the infrastructure required to… Read More

Read more in: Blockchain & Digital Assets, Global, Opinion | Tagged aramco, bitcoin, bitcoin mining, btc mining, distributed ledger technology, dlt, ethereum, hedera hashgraph, network effects, pos, pow, power consumption, proof of stake, proof of work, sustainability

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