Tag Archives: energy

[ad_1] A small Ethereum project called Lition is helping the citizens of Germany to find less energy. Lition was launched at the start of the year and has already been licensed as an energy provider in 12 major cities in Germany. Some include Hamburg, Berlin and Munich who have signed …

[ad_1] Cryptocurrencies require much, if not more, energy to extract precious metals like copper, gold or platinum, according to some more recent calculations. The figures were noted by Max Krause, a researcher at the Oak Ridge Institute for Science and Education, and Thabet Toloymat, an environmental engineer who works in …

[ad_2][ad_1] Blockchain, the technology behind bitcoin cryptocurrency, has been recommended and theorized for uses across a broad spectrum of sectors and countries. Now, a city in Southeast Asia is putting technology to work to redesign its energy industry.

[ad_1] Extracting a cryptocurrency value of one dollar as bitcoins from the deep Web consumes three times more energy than digging a gold dollar, according to the researchers. 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 recent study by the scientific journal Nature Sustainability, published November 5, reveals that mining by crypto consumes more energy from mining to produce the same market value. Scientists from the US Department of Energy's Oak Ridge Institute for Science and Education conducted a study to assess the amount …

[ad_1] Crypto Mining is more energetic than the extraction of any other material A shocking report by a British journal Nature Sustainability shows that in the last two years cryptocurrency extraction has generated between 3 and 15 million tons of carbon emissions. Furthermore, the research also found that Bitcoin mining …

[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] Now there are hundreds of virtual currencies and an unknown number of server farms all over the world The representation of the virtual Bitcoin currency standing on the PC motherboard is visible in this illustrated image, February 3, 2018. PHOTO: REUTERS PARIS: Extracting a dollar value of cryptocurrency as …

[ad_1] PARIS (AFP) – 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 …

[ad_1] Energy demands for the extraction of four major cryptocurrencies, including Bitcoin, outweighed the energy costs of extracting real metals such as gold and copper, according to US environmental researchers. Data mining cryptocurrencies involve increasingly complex calculations to confirm new transactions and add them to the decentralized accounting on which …