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Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2

Bitcoin Mining Report Shows Network’s Emissions Account for 0.08% of the World’s CO2During the last year, Bitcoin — the cryptocurrency network that leverages proof-of-work (PoW) to process transactions and secure the protocol — has received a lot of criticism about its environmental impact. This week, the cryptocurrency firm Coinshares published a report that shows talking points condemning the network’s electrical consumption have been greatly exaggerated. According to […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Banking System Uses Significantly More Energy Than Bitcoin, Research Shows

Banking System Uses Significantly More Energy Than Bitcoin, Research ShowsA new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report last week entitled “On Bitcoin’s Energy Consumption: A […]

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks