Bitcoin mining struggles to go green, research showsProcessing bitcoin transactions and "mining" new tokens is done by powerful computers, hooked up to a global network, that compete against ...
27 Sep, 2022, 03.37 PM IST
How cryptocurrencies work (and how they don't)Fundamentally, cryptocurrencies are digital money. The blockchain is a database for recording transactions of said digital money. This digi...
21 Apr, 2022, 01.29 PM IST
Bitcoin's new puzzle: How to ditch fossil fuels and go greenIn the world of bitcoin mining, access to cheap and reliable electricity is everything.
21 Apr, 2022, 01.21 PM IST
Eco-friendly cryptos to watch out for this yearWith the exponential growth of assets, the crypto space has come a significant way from being considered environmentally dangerous, even if...
16 Mar, 2022, 04.42 PM IST
Does your cryptocurrency investment fulfil ESG criteria?Cryptocurrency is a once-in-a-lifetime investment opportunity based on a revolutionizing technology and looking away on account of half-tru...
30 Sep, 2021, 03.34 PM IST
Bitcoin uses more electricity than the entire nation of Philippines. Why is it so energy-intensive, is going greener possible?The process of creating Bitcoin consumes around 96 terawatt-hours of electricity annually.
20 Sep, 2021, 03.07 PM IST
Bitcoin uses more electricity than many countries. How is that possible?Cryptocurrencies have emerged as one of the most captivating, yet head-scratching, investments in the world. They soar in value. They crash...
16 Sep, 2021, 07.44 AM IST
Bitcoin resumes losing streak after weekend strength evaporatesExuberant rallies and quick drawdowns are not uncommon for Bitcoin and other cryptocurrencies.
05 Jul, 2021, 08.56 PM IST
In widening Chinese bitcoin crackdown, Sichuan to probe cryptomining: OfficialChina's central government vowed last week to crack down on bitcoin mining and trading, while this week Inner Mongolia, also a major mining...
27 May, 2021, 10.14 PM IST
Why does Bitcoin consume 'insane' energy?"If Bitcoin was a country, it would use around the same amount of electricity a year to mine as Switzerland does in total," Deutsche Bank a...
15 May, 2021, 02.28 PM IST
Elon Musk wants a greener bitcoin. Has he got a plan or a pipedream?Tesla can itself take an active role in helping make bitcoin greener by investing in new projects aimed at boosting the use of renewable en...
14 May, 2021, 01.25 PM IST
Bitcoin falls below $50,000 as Musk calls energy use ‘insane’Musk posted a chart on Twitter from the University of Cambridge showing Bitcoin’s electricity consumption has skyrocketed this year.
13 May, 2021, 09.29 PM IST
Elon Musk decries bitcoin's 'insane' energy use after Tesla U-turnElon Musk tweets a graph of bitcoin's power consumption, saying "Energy usage trend over past few months is insane." This, after he earlier...
13 May, 2021, 08.09 PM IST
View: Elon Musk conveniently ignored bitcoin's inconvenient truthCheap and abundant power is essential to crypto miners, with coal accounting for an estimated 38 per cent of their supply, according to the...
13 May, 2021, 04.35 PM IST
Bitcoin use causing huge CO2 emissions: StudyFor a Bitcoin transfer to be executed and validated, a mathematical puzzle must be solved by an arbitrary computer in the global Bitcoin ne...
17 Jun, 2019, 12.14 PM IST
Bitcoin’s wild volatility could creep into other marketsBitcoin’s energy consumption stems partly from the fact that it’s a proof-of-work cryptocurrency.
27 Dec, 2017, 11.05 AM IST
Turning coal into bitcoin? Dirty secret of 2017's hottest marketChina is the biggest operator of computer “mines” and probably accounts for about a quarter of all the power used to create cryptocurrencie...
15 Dec, 2017, 09.40 PM IST