Tag Archives: energy

[ad_2][ad_1] One of the biggest criticisms against Bitcoin was the energy-intensive Proof Of Work algorithm. Only the sentence & # 39;Crypto-MiningIt's synonymous with operations that have a high energy consumption. However, the mining industry remains the backbone of the crypto industry. After an intensive scientific study conducted by Standford & …

[ad_2][ad_1] Some of the biggest names in the energy sector have joined equally important banks and financial institutions to launch a blockchain energy product platform by the end of the year. BP and Shell join the big banks for the Blockcahin project According to reports, oil giants BP, Shell and …

[ad_2][ad_1] The major oil companies BP, Shell and Equinor have joined the big banks and trading houses to launch a blockchain-based Vakt platform for trading in energy commodities. The partnership was reported by an independent news agency covering the S & P Global Platts energy and commodity markets on Monday …

[ad_1] Extracting a dollar value of cryptocurrency as bitcoins from the deep Web consumes three times more energy than digging a gold dollar, the researchers said on Monday. Now there are hundreds of virtual currencies and an unknown number of server farms all over the world that run all day …

[ad_1] A new study reveals that the mining crypt can be used more energy than mine for gold. To understand the results, we must first understand that what encryption is. The crypto community is looking for a way to solve these problems. According to a study published in the journal …

[ad_1] A new study reveals that the mining crypt can be used with more energy than necessary to extract gold To understand the results, we must first understand that what encryption is The crypto community is looking for a way to solve these problems According to a new study published …

[ad_1] The energy cost of mining gold, copper is lower than the mining cost of bitcoin November 8, 2018 November 8, 2018 Kelly Cromley http: // 1AZFjzw2 # Nwf63pYaMWq # XIY A high school student who came from a small town in India on Monday 5 November threatened to blow …

[ad_1] chirping Facebook LinkedIn A new document indicates that the energy required to extract cryptocurrencies is greater than that which is consumed during the excavation of metals of equivalent value in dollars. In the paper published November 5 by the journal Nature, researchers at the Oak Ridge Institute in Cincinnati, …

[ad_2][ad_1] Most of us can not control where our power comes from, yet. But, with blockchain, that day is coming; and businesses will benefit from it. November 7, 2018 5 minutes of reading Opinions expressed by Business owner the contributors are theirs The intergovernmental group on climate change of the …

[ad_1] Bitcoin extraction (BTC) consumes 7 times less energy than aluminum extraction, according to a new study. In particular, 7 times more energy is needed to produce $ 1 of aluminum than Bitcoin's $ 1. In addition, the study compared the costs of the extraction of Ethereum (ETH), Litecoin (LTC) …