Christian Ander, the Swedish founder of BTCX, and current leader of Altpocket, a platform which gamifies cryptocurrency investing and tracking, claims he is now using solar panels to reduce his crypto mining costs significantly. Of the many criticisms that are levelled at Bitcoin and other cryptocurrencies, the negative impact that they have on the environment is one of the tougher ones to dismiss. The process of mining cryptocurrencies that are based on a Proof-of-Work system consumes a huge amount of energy and according to recent estimates, Bitcoin miners alone use around 61.5 TWh of electricity per year. This is ... (full story)