Beware of robber banks (RB), bad advisors.
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Bitcoin's price is skyrocketing — so is its carbon footprint
As the price of bitcoin soars past $56,000, the cryptocurrency's negative environmental impact is becoming harder to ignore. Energy-hogging crypto miners have been blamed for power outages in Iran, while China — a crypto mining hotbed — is cracking down on the practice as it takes a heavier hand with polluting industries. More such crackdowns may be needed to keep crypto's carbon emissions under control. According to research released this week, bitcoin's record-high prices have created a crypto mining backlog such that, even if the price falls, emissions from mining the virtual currency are likely to stay high ... (full story)
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- Mar 12, 2021 4:32pm Mar 12, 2021 4:32pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
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- Mar 12, 2021 4:36pm Mar 12, 2021 4:36pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.
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- Mar 12, 2021 4:38pm Mar 12, 2021 4:38pm
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.