Reevaluating Bitcoin energy consumption

The article explores the misconceptions concerning the environmental impact of Bitcoin mining. The concerns over this problem escalated in 2023. It was reported then that cryptocurrency mining consumed energy equivalent to that of Australia. However, a closer examination revealed critical flaws in the methodology used by the United Nations University (UNU) to assess Bitcoin’s energy consumption.

#Bitcoin #cryptocurrency #mining


Комментарии

Отправить комментарий

Популярные сообщения из этого блога

Изображение
  Meme Coins Lifted Solana—Now They’re Dragging It Down Last year, Solana surged ahead, even outpacing Ethereum in transaction volume. Some experts saw it as the driving force behind the next altseason, with the potential to replace Ethereum as the dominant smart contract platform. As the Solana-Ethereum rivalry intensified, unexpected events unfolded across the crypto market. But now? Solana’s decline is hard to ignore. It’s not just dipping with the market—it’s falling faster. The same meme coins that propelled Solana to new heights in 2023 and 2024 are now a major factor in its decline. The CAR token, hyped by the President of the Central African Republic, and $LIBRA, promoted by Argentine President Javier Milei as a tool for economic growth, both launched only to crash spectacularly—leaving investors burned and eroding trust in the market. These scandals have further damaged Solana’s reputation, associating it with scams, rug pulls, wash trading, and market manipulation. The sa...
Далее...
Изображение
  Have the Gold Reserves Worth $425 Million Disappeared? Elon Musk Questions the Integrity of Fort Knox A month ago Donald Trump ordered the declassification of records related to the assassination of John F. Kennedy, Robert F. Kennedy, and Martin Luther King Jr. Conspiracy theories have long surrounded these events. But another long-standing mystery surrounds the gold reserves in Fort Knox. The latest wave of speculation was sparked by Elon Musk. The billionaire asked a simple yet unsettling question: How do we know the gold is still there? Fort Knox is supposed to hold $425 billion worth of gold, but who has actually verified this? Musk doubts its existence and suggests a live video walkthrough to prove it.  His statements ignited heated discussions in social media with the public demanding greater transparency. Even a U.S. senator was denied access when he requested to inspect the facility.  Fort Knox is a U.S. Army base in Kentucky located next to the United States Bu...
Далее...
Изображение
  Digital childhood: how smartphones have reprogrammed the social skills of zoomers Instead of yard games and live communication — endless social media feeds and notifications that beep faster than a heartbeat after morning coffee. The zoomer generation grew up surrounded by smartphones, and this has not only changed their behavior — it has reprogrammed the very structure of their socialization. Fifteen years ago, a smartphone was a novelty, and today it is an extension of the hand. But behind the convenience lies another side: anxiety, depression, and a growing dependence on virtual recognition. The statistics are frightening: the level of depression among teenagers has increased by 50%, and the number of suicides is even higher. And these are not just numbers, this is the reality of the new digital generation. Once upon a time, children learned to communicate, argue, make peace, and make decisions in the yard or during school breaks. Now the main field for this “training” is soci...
Далее...