Energy Consumption

Swiss National Bank won’t hold BTC as reserve currency: report
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4 May, 2022

Swiss National Bank won’t hold BTC as reserve currency: report

The chair of the bank said that it could very easily purchase BTC but has decided against it as it...
Earth Day 2022: BSV still shows how proof-of-work blockchains can be energy-efficient
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22 April, 2022

Earth Day 2022: BSV still shows how proof-of-work blockchains can be energy-efficient

On Earth Day 2022, we shouldn't only reflect on how much energy we're consuming but also on how we're using...
BTC v Ripple in proof-of-climate-change dust-up
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1 April, 2022

BTC v Ripple in proof-of-climate-change dust-up

The co-founder of ‘crypto’ token/commodity Ripple wants BTC to shift to a Proof of Stake consensus mechanism, apparently because he...
Zhejiang province hikes energy costs for miners as China doubles down on sector
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2 March, 2022

Zhejiang province hikes energy costs for miners as China doubles down on sector

Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for...
Kazakhstan wants to raise tax on block reward miners by 500%
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15 February, 2022

Kazakhstan wants to raise tax on block reward miners by 500%

The proposal by the Minister of Finance will also see miners pay a monthly tax on their mining rigs, whether...
The future economics of block reward mining
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14 February, 2022

The future economics of block reward mining

If producing a block consumes the same amount of energy across all chains, then the most energy-efficient chain is the...