HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Consumption

Last posts about consumption.


Bitcoin 15/07/21 14:32 by Newton Gitonga
Bitcoin Energy Concerns Unlikely to Crash Its Long-Term Path, Cathie Wood Says
Cathie Wood, the founder, and CEO of Ark Invest has tossed her viewpoint over Bitcoin’s mining energy consumption, citing it as a minor setback to the asset’s path in the future. She further stat...
Read More
Crypto 13/07/21 13:46 by NewsBTC
Jelurida’s Sustainable and Energy-Efficient Ecosystem Is a Great Sign For The Blockchain Universe
There is no denying the fact that mining cryptocurrencies and processing decentralized transactions demand large amounts of energy. As per the Bitcoin Energy Consumption Index, the total energy consum...
Read More
Altcoins 19/06/21 18:19 by Bernice Nyambura
Charles Hoskinson Finds Fault With Bitcoin Maxis, Looks Forward to Tesla, Square Adopting Cardano
It is illogical for Tesla to truly care about alternative energy, sustainability, carbon reduction, and neutrality and still be so closely associated with Bitcoin, whose system doesn’t have a built...
Read More
Altcoins 17/06/21 08:11 by Brenda Ngari
Cardano Founder Charles Hoskinson Makes Compelling Case For Tesla Adopting ADA Instead of Bitcoin
According to IOHK CEO Charles Hoskinson, Tesla should ditch bitcoin en masse and instead turn to the world’s fifth most valuable token, Cardano (ADA). During a podcast by MIT researcher Lex Fridman...
Read More
Altcoins 31/05/21 12:00 by Olivia Brooke
U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine
Elon Musk has been receiving a truckload of criticism from market players ever since he put out his comments about Bitcoin’s energy usage, which he considers intensive and unsustainable. The billio...
Read More
Altcoins 24/05/21 14:18 by Brenda Ngari
Ripple’s Brad Garlinghouse Is Flattered By Accusations Of Pushing Bitcoin Energy Consumption FUD
Ripple CEO Brad Garlinghouse has strongly refuted claims that his company is solely responsible for instigating the now-prevalent anti-bitcoin narrative that is based on the flagship cryptocurrencyâ€...
Read More
Altcoins 21/05/21 15:41 by Tokoni Uti
As the Transition to Proof-of-Stake Nears, Ethereum Will See 99.95% Decrease in Energy Use
For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of min...
Read More
Bitcoin 15/05/21 15:09 by Olivia Brooke
Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin
Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on ...
Read More
Bitcoin 29/04/21 14:00 by Samuel Wan
Bitcoin’s Time is Done Says Investment Chief, Citing Dated Technology
Bitcoin is now 12 years old. Although it has managed to fend off all newcomers to date, its time at the top may be coming to an end. That’s according to Fahad Kamal, the Investment Chief at priv...
Read More
Bitcoin 02/04/21 18:00 by Samuel Wan
Garlinghouse: 1 Bitcoin Transaction Requires 75 Gallons of Gasoline
Ripple CEO Brad Garlinghouse said performing a single Bitcoin transaction requires burning 75 gallons of gasoline. This shocking statistic gives a degree of the scale of Bitcoin’s possible envir...
Read More
Mining 31/03/21 18:00 by Samuel Wan
Fracking Companies Pivot to Mining Bitcoin as Pandemic Woes Continue to Bite
Bitcoin is often slammed over its high electricity consumption. Critics argue this is wasteful and unsustainable in the long term. However, in an unusual twist to the environmental debate, it turns ou...
Read More
Crypto 25/03/21 13:30 by Mark Hampton
Cryptos and NFTs Take Their Foot off the Gas – How Using POS Chains Can Save Huge Amounts of Energy
Cryptos are rarely out of the news these days, but no more so than Ethereum, which is burning up the news headlines, as quickly as it can burn up the gas (mostly for NFTs, which are having a moment, a...
Read More
Mining 15/03/21 15:00 by Erie Maxwell
Crypto Mining Surge: Is Russia the Next Crypto Mining Hub
Crypto mining activities come with a challenge, it is a power-consuming task, and the problem miners are having with local authorities where crypto assets and facilities are located is energy consump...
Read More
Bitcoin 06/02/21 12:21 by Bernice Nyambura
Bitcoin Network’s Electricity Consumption Is Extremely High, But There’s A Bigger Culprit
On February 2, Bitcoin regained price above the $35k level a week after momentarily dropping below $30,000 on 27 January. The top coin has gained 8.04% in the last 24 hours to trade at $40,358 at pre...
Read More
Mining 04/03/20 08:24 by Brenda Ngari
Energy Consumption For Bitcoin (BTC) And Ethereum (ETH) Mining Is A Huge Waste: Ripple CEO Brad Garlinghouse
Here we go again. Another article has come out taking a shot at bitcoin’s energy consumption. The article specifically suggests that a single bitcoin transaction consumes more electricity than a ho...
Read More
Other 05/12/19 22:59 by Guest Author
Decentralizing Electricity Production And Power Consumption
When you press an electric switch in your house, a bulb starts glowing immediately. Apparently, it seems very ordinary and insignificant as to what’s behind all this, but if you look at it, the res...
Read More
Bitcoin 21/11/19 15:45 by Lubomir Tassev
Bitcoin Emits Less Carbon Than Previously Claimed, New Study Finds
Bitcoin has been regularly attacked for its energy-intensive mining process, powered by serious amounts of electricity. It’s been claimed that it leaves a carbon foot print comparable to that of...
Read More