Live Breaking News & Updates on மையம் க்கு மாற்று|Page 2
Stay updated with breaking news from மையம் க்கு மாற்று. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The bitcoin bros say mining is good for green energy. Are they right? Jack Dorsey, Cathie Wood and Elon Musk agree with research that ‘debunks the myth’ that bitcoin mining is damaging the environment 22 April 2021 - 16:08 William Mathis and Lars Paulsson Twitter CEO Jack Dorsey. Picture: REUTERS/ANUSHREE FADNAVIS A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that bitcoin mining can be good for the planet. That’s not exactly true. The basis of the idea is that mining cryptocurrencies uses a lot of power and can be deployed at any time. That could help a developer make money minting coins at a time when there’s lots of wind or sunshine and not much electricity demand. Making better use of wind and solar, where power generation can be intermittent, increases efficiency, lowers prices and helps encourage the green transition. ....
The theory is based on trends that are already happening, regardless of crypto. The cost of renewable power is plummeting and an increasing share of energy is being supplied by electricity. There are so many existing incentives that the International Energy Agency expects wind and solar to account for around 12 percent of electricity demand by 2030, up from 5 percent in 2019. Wood says the new research ideas - in a paper by her ARK Investment Management LLC and Dorsey s Square - “debunk the myth” that Bitcoin mining is damaging the environment. On Twitter, Dorsey said Bitcoin “incentivizes renewable energy.” Musk responded with one word: “True.” ....
Centre for Alternatives for Victimized Women and Children, (CAVWOC) over the weekend engaged peer educators in Balaka, in Sexual Reproductive Health Rights, as well as drug and substance abuse, in a two days conference that took place in Liwonde. Speaking at the end of the two days conference, Sunday, Project Officer for CAVWOC under her Future Her Choice Project, Khumbolane Nyirenda, said they thought of bringing the peer educators together to empower them to lead their fellow youth. She said the youth needs to have all rounded knowledge in SRH rights as it is the mandate of their project. She said: âThe project is working in Traditional Authority Amidu and Kalembo, and we need the youths to be equipped in so many issues, be in mental health, menstrual hygiene, adolescent and child pregnancies, gender based violence, just to mention a few. ....
( Pexels ) Cryptocurrencies are more and more popular every day. Nothing compared to traditional financial systems yet, but something to really appreciate in such a few years - 12 years since Bitcoin creation. Crypto-adoption is exploding worldwide, and we have good reasons for it. For starting, cryptocurrencies are generally faster and cheaper than fiat money. They have no borders, so, they re perfect to make cheap remittances, no matter the place. Censorship and use-limits are out of the discussion as well, since most cryptos are decentralized (no controlled by any central entity). To this, we can add now numerous financial instruments (Decentralized Finances - DeFi) not easily available to the public before. Credits, loans, digital wallets, payments, automatic transactions, tokenized assets, ....
Bitcoin Mining’s Days Are Numbered in One China Province The Inner Mongolia Development and Reform Commission (DRC) released draft measures (link in Chinese) on Thursday to curb the development of high energy-consuming industries in order to meet goals set in China’s 14th Five-Year Plan that runs from 2021 to 2025. Cryptocurrency mining is one of the sectors highlighted in the document which also says that in principle the region will no longer approve new energy-consuming coke, steel and ferroalloy projects. Cryptocurrency mining gobbles up vast amounts of power both through the electricity consumed by the specialized computer equipment needed to solve the mathematical puzzles that produce the currency and through the energy needed to cool the machines and prevent them from overheating. Global electricity consumption by the Bitcoin mining network, by far the biggest, has soared since November 2020 from an annualized 55.5 terawatt-hours (TWh) on Nov. 1 to 128.8 T ....