17 May '18, 9am

via @grist

via @grist

Bitcoin’s energy footprint has more than doubled since Grist first wrote about it six months ago. It’s expected to double again by the end of the year, according to a new peer-reviewed study out Wednesday. And if that happens, bitcoin would be gobbling up 0.5 percent of the world’s electricity, about as much as the Netherlands. That’s a troubling trajectory, especially for a world that should be working overtime to root out energy waste and fight climate change. By late next year, bitcoin could be consuming more electricity than all the world’s solar panels currently produce — about 1.8 percent of global electricity, according to a simple extrapolation of the study’s predictions. That would effectively erase decades of progress on renewable energy. Dear reader, like what you see here? Keep Grist’s green journalism humming along by supporting us with a donation today. Your ...

Full article: https://grist.org/article/bitcoins-energy-use-got-studied...

Tweets

Bitcoin’s energy use got studied, and you liber...

grist.org 17 May '18, 3pm

The Washington Post / Contributor / Getty Images devourer of worlds Bitcoin’s energy use got studied, and you libertarian ...

"Bitcoin’s energy use got studied.."

grist.org 17 May '18, 5pm

The Washington Post / Contributor / Getty Images devourer of worlds Bitcoin’s energy use got studied, and you libertarian ...

via @grist

via @grist

grist.org 16 May '18, 11pm

Thought the ozone layer was safe? Think again. CFC-11 is an ozone-depleting chemical whose phase out agreed upon in the ’8...

via @grist

via @grist

grist.org 16 May '18, 5pm

For millennia, humans have harnessed rivers, built dams, and dug wells to quench our growing civilization. Now, for the fi...

#bitcoin

#bitcoin

arstechnica.com 17 May '18, 1pm

Enlarge / The bitcoin network uses several times the 1.21 gigawatts required to travel back in time. Universal Pictures re...

This is a lot of energy for just one crypto

This is a lot of energy for just one crypto

cointelegraph.com 17 May '18, 1pm

Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific ...

via @grist

via @grist

grist.org 16 May '18, 11pm

Rex Tillerson, ex-Secretary of State, has some words for the Trump administration about capital-T Truth. “If our leaders s...

@grist

@grist

grist.org 15 May '18, 7pm

It’s hard to look away from the scandals engulfing EPA chief Scott Pruitt. The guy dined with a cardinal accused of sexual...

Bitcoin's profitability called into question as...

digitaltrends.com 17 May '18, 8pm

Energy consumption required to mine for Bitcoin may soon become too expensive for cryptocurrency mining to become profitab...

via @grist

via @grist

grist.org 11 May '18, 4pm

Anderson Jibas, the mayor of Bikini Atoll, has for years wanted to assert his nation’s financial independence from the Uni...

via @grist

via @grist

grist.org 22 May '18, 5pm

Three Republican representatives — Tom MacArthur of New Jersey, Peter Roskam of Illinois, and Erik Paulsen of Minnesota — ...

Climate change, my microbiome, and me

Climate change, my microbiome, and me

grist.org 15 May '18, 6pm

Those of us who believe in climate change (and maybe some who don’t) jokingly blame all kinds of things on it, from flat t...

Look! A federal agency is pushing for urgent climate action.

Look! A federal agency is pushing for urgent cl...

grist.org 10 May '18, 8pm

It’s well-understood at this point that the Trump Administration is no friend to science-based governance . But there’s on...

via @pearltrees

afternic.com 22 May '18, 2pm

For 400 months in a row, our planet has been unusually hot

For 400 months in a row, our planet has been un...

grist.org 17 May '18, 6pm

Our overheating planet just reached another staggering — maybe even astronomical — new milestone. In a report out Thursday...