Crypto Currency

Bitcoin’s Climate Impact Is Global. The Cures Are Local.

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.Not so fast, said county officials. They pointed to a different culprit: a giant coal plant halfway across the state. If energy from the dam went to bitcoin mining, they said, the county as a whole would wind up using more coal. In April, officials required…

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.

Not so fast, said county officials. They pointed to a different culprit: a giant coal plant halfway across the state. If energy from the dam went to bitcoin mining, they said, the county as a whole would wind up using more coal. In April, officials required all future mines to build their own renewable power.

Missoula County was on the right track, says Christian Stoll, an energy researcher at the Technical University of Munich. In a paper published Wednesday in the journalJoule,his team takes a closer look at the energy consumption of bitcoin mining, based on where miners are located and the types of machines they are using. “Coal is fueling Bitcoin,” he says. “The question is how to prevent it, and that’s up to local regulators.”

Bitcoin mining, a process called “proof-of-work,” involves a global network of machines racing to solve complex math. In return for helping to keep the network secure, the solver receives bitcoin. When it comes to measuring energy use, the global nature of that activity makes it difficult to study; it’s hard to know what kinds of machines are running, where they’re located, and the fuel used to supply the electricity.

Those unknowns have led to wildly varying estimates. One study said that growth in bitcoin mining alone could result in a 2 degree Celsius increase in global temperatures. But others say such estimates are inflated as miners increasingly flock to sources of cheap renewable energy, like hydropower.

Stoll’s team was able to take a more granular look thanks to a stroke of good timing. Last year, three Chinese makers of mining hardware, responsible for producing nearly all of t

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Crypto Currency

Learn how to invest in cryptocurrencies with this set of online classes

TL;DR: The Complete Cryptocurrency Investment bundle is on sale for £19.21 as of June 25, saving you 94% on list price. If we’re to believe every plot point from the movie The Social Network, Mark Zuckerberg allegedly stole the idea for Facebook from the Winklevoss twins and went on to become one of the youngest…

TL;DR: The Complete Cryptocurrency Investment bundle is on sale for £19.21 as of June 25, saving you 94% on list price.


If we’re to believe every plot point from the movie The Social Network, Mark Zuckerberg allegedly stole the idea for Facebook from the Winklevoss twins and went on to become one of the youngest billionaires ever. 

Things ended up working out for the Winklevoss brothers, though. They received a $65 million settlement and competed in the 2008 Beijing Olympics, but they still weren’t a member of the prestigious billionaire club. That changed when they finally became billionaires thanks to Bitcoin. 

For the uninitiated, Bitcoin is a digital payment system and cryptocurrency that’s not tied to any country or bank. Bitcoin sometimes gets a bad rap for being associated with criminals and the dark web, but there are many advantages to using a decentralised system.

Even if you don’t have a $65 million to invest, you can still learn how to make mone

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Crypto Currency

Forget PS5: A Fake Spoof Console is Embarrassing the Xbox Series X

KFC Gamings reveal of a new, next-generation console generates more views on social media than the Xbox Series X.The console reveal, a joke response to the PS5 reveal event, has doub…

  • KFC Gamings reveal of a new, next-generation console generates more views on social media than the Xbox Series X.
  • The console reveal, a joke response to the PS5 reveal event, has doub…
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Crypto Currency

Someone paid $2.6 million in fees to move $134 worth of crypto and oops

There are typos, and then there are typos.  Someone appears to have made a mistake this morning when transferring the cryptocurrency ether (ETH), the younger sibling to bitcoin, from one digital wallet to another. After all, when moving around $134 dollars worth of digital currency, it hardly seems like anyone would intentionally pay a $2.6…

There are typos, and then there are typos

Someone appears to have made a mistake this morning when transferring the cryptocurrency ether (ETH), the younger sibling to bitcoin, from one digital wallet to another. After all, when moving around $134 dollars worth of digital currency, it hardly seems like anyone would intentionally pay a $2.6 million fee — and yet that’s exactly what happened. 

That’s right. Someone paid 10,668.73185 ETH, worth approximately $2.6 million at the time, to move 0.55 ETH from one wallet to another. The transaction, in all its painful glory, is visible on Etherscan — a tool for viewing and searching ETH transactions. 

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Crypto Currency

Hartley Sawyer Fired For Racist Tweets – You’re Next, Ellen Degeneres

Hartley Sawyer of The Flash has just been fired after his racist, misogynistic tweets surface.Hes far from the only celebrity with racist social media posts in the past.Its …

  • Hartley Sawyer of The Flash has just been fired after his racist, misogynistic tweets surface.
  • Hes far from the only celebrity with racist social media posts in the past.
  • Its …
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