7 min read · May 5th · It’s a trickier question than you might think.
This certainly sounds like a lot of energy. But how much energy should a monetary system consume?
there’s an important distinction between how much energy a system consumes and how much carbon it emits.
Almost all of the energy used worldwide must be produced relatively close to its end users — but Bitcoin has no such limitation, enabling miners to utilize power sources that are inaccessible for most other applications.
5 min read · From 2017 · A green-energy startup says it can solve bitcoin’s surging electricity consumption without boosting pollution, an issue threatening to halt the meteoric rise of the virtual currency.
6 min read · From 2018 · Bram Cohen invented torrenting. Now he’s building a cryptocurrency called Chia that doesn’t waste electricity like Bitcoin, and top investors are lining up. Chia has just raised a $3.395 million seed…