Economic estimation of Bitcoin mining s climate damages inferse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inferse.com Daily Mail and Mail on Sunday newspapers.
Economic estimation of Bitcoin mining s climate damages inferse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inferse.com Daily Mail and Mail on Sunday newspapers.
On September 8, 2022, the White House Office of Science and Technology Policy (the "OSTP") published a report (the "Report") on the climate and energy implications of crypto-assets in the United States.
If you’re mildly familiar with the cryptocurrency landscape, you’ll know that it’s dominated by two major cryptos: Bitcoin and Ethereum. Bitcoin is arguably the larger and more valuable one, with a market capitalisation of US$695.3 billion (S$923.3 billion) according to CoinMarketCap as of June 2, 2021. Meanwhile, Ethereum trails behind Bitcoin with a market capitalisation of US$311.7 billion. But Ethereum’s.
Ethereum creator Vitalik Buterin has confirmed that the crypto will go through a complete overhaul this year which will reduce the energy consumption by almost 99 per cent.