Decentralized solutions for climate change are key as COP disappoints
Climate change initiatives led by politicians and sponsored by some of the biggest polluters demand a change in initiatives — Decentralized tech could play a key role.
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Why banking uses at least 56 times more energy than Bitcoin
“Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin,” Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph.
Quebec’s energy manager to seek government approval to stop powering crypto miners
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
The Merge brings down Ethereum’s network power consumption by over 99.9%
Before the Merge upgrade, in 2022, the energy consumption of Ethereum ranged between 46.31 terawatt hour (TWh) per year to 93.98 TWh per year.
What does the global energy crisis mean for crypto markets?
While miners stand to be significantly affected by the current power crisis, there is still some hope that the prevailing macro conditions could work in favor of the crypto industry.
Europe moves toward regulatory action on crypto’s environmental impact, energy use
After rejecting a proposal to ban crypto mining, the EU is looking at disclosure and mitigation measures to make crypto assets more sustainable in the coming years.
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
According to a letter penned by seven U.S. lawmakers, ERCOT was "intimately connected" with the growth of crypto mining in Texas.
Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?
Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how "the competition for liquidity" between Bitcoin and Ethereum will play out after the latter's switch to a proof-of-stake…
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics.
‘Green ETH’ narrative to drive investment and adoption, says pundits
Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake.