Picture yourself living beside a huge, loud, hurtful generator. Day in, day out, the clamor doesn’t let up, shaking your windows and robbing you of tranquility. Now, imagine that same generator powering a Bitcoin mine rather than a hospital or school. It uses enough electricity to power your entire city,...
Here’s how and why Pakistan is jumping in with both feet on crypto and AI. Their audacious actions are making huge tsunamis across the world. 2000 megawatts. And that’s what they’re directing toward Bitcoin mining and AI data centers. Two thousand megawatts. Time will tell whether this is indeed the...
A proposed Bitcoin mining facility outside of Osage is creating a fresh wave of controversy and citizen protest from area residents. The developer behind Simple Mining will be making their case to the public on June 18th and the outcome should be interesting indeed. This has raised a new round...
The debate surrounding Bitcoin mining facilities often boils down to a simple question: how do we balance technological advancement with the well-being of the communities where these facilities are located? In Osage, a proposed Bitcoin mining operation has led to a fiery debate, illustrating the intricacies of this existential question....
Donald Trump has entered the cryptocurrency space, sparking spirited discussions. Because of this, his fortune made from cryptocurrency has already increased to $56.6 billion. His evolving stance on cryptocurrency, marked by an executive order to promote its growth and instructions to the Treasury Department to create a government cryptocurrency stockpile,...
You think you've seen it all, right? Another day, another Trump headline. But this isn’t your ordinary, run-of-the-mill scandal. It’s a shortsighted and self-serving action that deliberately erodes the very pillars of our democracy and exacerbates the climate emergency. And quite frankly, it ought to make your blood boil.1. Meme...
You’ve read the headlines about how Bitcoin could transform the financial system, perhaps you’ve even thought about making an investment. What if I told you that this digital gold rush is coming at a cost, a cost that you're already paying in ways you probably haven't even considered? What if...
Bitcoin mining is an essential part of how the currency works, as miners verify transactions and add new blocks to the blockchain. It has come under attack for its high energy use. Estimates indicate Bitcoin mining uses between 73-113 terawatt-hours (TWh) of electricity per year as of 2023. This astounding...
Bitcoin mining—which has a massive carbon footprint—is facing more and more criticism for its negative effects on the environment. This activity happens to consume a staggering amount of energy. In reality, it consumes more electricity than most countries and is a major driver of carbon pollution.The Environmental Cost of BitcoinRecent...
Kuwait just recently adopted a hard-line stance against cryptocurrency mining. Thanks to their ban, energy use has plummeted across the board. This decision is a result of increasing concern about the stress on the national electric grid and risk of blackouts. In doing so, the agreement represents a watershed moment...
