Tag Archives: energy

Bitcoin mining requires more energy than searching for GOLD

[ad_1] What is a Bitcoin? Bitcoin is what is called "crypto-currency". It's the Internet money version – a single piece of digital property that can be transferred from one person to another. Bitcoins are generated using an open source computer program to solve complex mathematical problems. This process is known …

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Ethereum Energy Project now powers 700 families in 10 cities

[ad_1] A little known ethereum project called Lition is quietly helping real German citizens to find less energy. Launched at the beginning of this year, Lition is already a licensed energy provider in Germany with customers in 12 major cities (including Berlin, Hamburg and Munich) that now use their own …

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Three ways to revive the energy markets from the Blockchain up

[ad_2][ad_1] The role of Blockchain in the energy economy goes well beyond cryptocurrencies and solar-based peer-to-peer solar trading via social networks. The ability to "tokenise" data in a radically decentralized and transparent way among thousands or even millions of participating actors is a revolutionary technology with applications throughout the energy …

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Bitcoin (BTC) will consume more energy over time?

[ad_1] Some believe that Bitcoin mining (BTC) can consume all the energy in the world. But this is nothing but speculation. Although the consumption of energy for the mining sector is significant, it would be practically impossible for Bitcoin (BTC) to be responsible for the total consumption of electricity. For …

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No, Bitcoin will not consume all the energy in the world

[ad_1] Every once in a while great news is taken away and reports that Bitcoin will consume all the power in the world. A conspiracy theorist might say that such stories are instigated by international bank cartels in order to fuel the fear that Bitcoin is not a sustainable alternative …

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