Tag Archives: precious

Mining Bitcoin now burns more energy than producing precious metals, including gold – Hardware – Finance – Networking

[ad_1] The energy demands for mining four major cryptocurrencies, including Bitcoin, has outstripped the energy costs of mining. Mining cryptocurrencies implying future complex calculations to confirm new transactions and add them to the decentralized ledger on which a cryptocurrency operates. It's a process that can be done on varying scales …

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Energy use – Cryptocurrency against precious metals

[ad_1] We've talked about it a lot lately extraction of precious metals and the world of cryptocurrencies. The two may seem often unconnected, but today we are changing the switch and examining the sectors side by side through the goal of energy consumption. New research published in the magazine Sustainability …

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Bitcoin mining now burns more energy than producing precious metals, including gold – Hardware – Finance – Networking

[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 …

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Ethereum (ETH): precious lessons from the past

[ad_1] Chart for ETH / USD (1D) Ethereum (ETH) and those who support it have some valuable lessons to learn from the past. Of course, what is at the top of the list is "reap what you sow". How relevant is it? Well, when Ethereum (ETH) broke off from the …

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