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Day: February 11, 2018

Q&A: How is the growth of bitcoin affecting the environment? – ABC News

Q&A: How is the growth of bitcoin affecting the environment?ABC NewsThe sustainability concerns about bitcoin, voiced by economists and environmentalists, stem from the process of "mining" that is central to its existence. The "miner…


Q&A: How is the growth of bitcoin affecting the environment?
ABC News
The sustainability concerns about bitcoin, voiced by economists and environmentalists, stem from the process of "mining" that is central to its existence. The "miners" use computers to make complex calculations that verify transactions in bitcoins ...

and more »

New gold rush: Energy demands soar in Iceland for bitcoins – Fox Business

New gold rush: Energy demands soar in Iceland for bitcoinsFox BusinessWith massive amounts of electricity needed to run the computers that create the precious bitcoins, large virtual currency mining companies have established a base in Iceland, a chill…


New gold rush: Energy demands soar in Iceland for bitcoins
Fox Business
With massive amounts of electricity needed to run the computers that create the precious bitcoins, large virtual currency mining companies have established a base in Iceland, a chilly North Atlantic island blessed with an abundance of renewable energy ...

and more »

New gold rush: Energy demands soar in Iceland for bitcoins – ABC News

New gold rush: Energy demands soar in Iceland for bitcoinsABC NewsIceland is expected to use more energy mining bitcoins and other virtual currencies this year than it uses to power its homes. With massive amounts of electricity needed to run the compu…


New gold rush: Energy demands soar in Iceland for bitcoins
ABC News
Iceland is expected to use more energy mining bitcoins and other virtual currencies this year than it uses to power its homes. With massive amounts of electricity needed to run the computers that create the precious bitcoins, large virtual currency ...

and more »