Within the first six months, Ribbon said it anticipates trading volumes to exceed $100 million daily.
Cryptocurrency Energy Consumption
Cryptocurrency Energy Consumption latest news, images, analysis about Cryptocurrency's Dirty Secret: Energy Consumption. by Jeremy Hinsdale | May 4, 2022. Comments. Though skeptics may characterize cryptocurrency as “fake money,” “worse than tulip bulbs,” or a “ greater fool ” scheme, it is a very real business. The market capitalization of the almost 19,000 cryptocurrencies in circulation is currently around $1.75 trillion — about the same as the gross domestic product of Italy, the world’s eighth largest economy.
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Will Crypto Cowboys Crash the Texas Grid?12:08 - 1 month ago
With cheap power and loose regulation, Texas has become a magnet for Bitcoin miners. But can the state meet their explosive ...
How They Fooled The World About Bitcoin. (it’s actually green)9:35 - 1 month ago
For years now, Bitcoin has been the target of various accusations of wastefulness and environmental damage. Most people, when ...
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According to critics, Bitcoin and its ecosystem consume more electricity than Chile and should be therefore considered a danger ...
BitCoin energy usage is reopening power plants #shorts0:47 - 1 month ago
Private investors are reopening or taking over fossil fuel power plants to make Proof of Work based cryptocurrency, like Bitcoin.