A recent UN climate report said that if global temperatures rose above 1.5 C it could lead to catastrophic climate change. Bitcoin alone could raise global temperatures by 2 C within two decades.
“It provides excitement and an escape from reality.”
Power authorities are concerned about Bitcoin's energy use; how does it stack up against growing bud?
New research suggests that Bitcoin will account for 0.5 percent of the world’s electricity demand by the end of this year. But one researcher says he still isn't getting the whole picture.
Nearly 25 percent of all crypto-jacking attacks were detected in the U.S.
Plattsburgh, New York has imposed an 18-month moratorium on Bitcoin mining to prevent miners from using all the city’s cheap electricity.
“Four months ago, I could not have predicted this trend.”
Bitcoin's epic crash has done little to stop crazed investors looking to get in on the action
The immersion-cooled Bitcoin mining rig cost about $120,000 to make and looks like something straight out of ‘Stargate.’
The price could spike again.
As Bitcoin’s price increases, its energy consumption is soaring. Bitcoin's power consumption is extremely high compared to conventional digital payment, and one transaction now uses as much energy as your house in a week.