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“# Former pro-crypto CoC Brian Brooks to testify in a House hearing on the energy impacts of mining ” As U.S. Congress is preparing to take a thorough look at the energy use of crypto mining, the list of witnesses for the Thursday hearing contains more proponents of blockchain technology than its outright critics. The…
“# Kosovo police seize 300 crypto mining machines amid electricity shortages ” The police in Kosovo have ramped up their efforts to crack down on crypto miners in the country, confiscating more than 300 mining machines on Jan. 8 alone. An announcement issued by the Kosovo police on Jan. 8 revealed that it had seized…
“#Dimon’s son-in-law caught in $21M dispute between Apollo, oil exec” Jamie Dimon’s son-in-law has been caught up in an ugly dispute with a Texas-based energy executive, who has accused him, along with private-equity giant Apollo Global Management, of orchestrating a scheme to stiff the oil-and-gas driller out of his stake in the lucrative company he…
“#Biden must stop Germany undermining him on Ukraine over gas” Germany likes to position itself as the world’s conscience. These days, it’s anything but. Who can forget an aggressive Angela Merkel standing over a seated Donald Trump during the 2018 G7 summit? Claiming Trump was a threat to global stability, the chancellor tried to intimidate…
“# Pomp tells CNBC there’s no need to apologize for Bitcoin’s energy use ” Bitcoin influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.” He made the comments in a Dec 27 interview on CNBC’s morning news and…
“#China pursues tech ‘self-reliance,’ fueling global unease” BEIJING (AP) — To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip…
“#Eight charts to watch on climate and energy in 2022” For Maclean’s eighth annual chartstravaganza, we’ve once again asked dozens of economists and analysts to ponder the year to come, and choose one chart that will help define Canada’s economy in 2022 and beyond, and explain this outlook in their own words. This year, we’ve decided to…
“# Enterprise blockchain to play a pivotal role in creating a sustainable future ” Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap. In the first half of…
“# Report claims each Solana TX uses less energy than 2 Google searches ” A transaction on the Solana network takes less energy than two Google searches, and 24 times less energy than charging your phone, according to a Nov. 25 report by the Solana Foundation. The report states that a single transaction on its…
“#Biden’s gas-price move doesn’t come close to reversing damage he’s done” President Joe Biden’s move Tuesday to release 50 million barrels of crude from the Strategic Petroleum Reserve may knock a dime or two off what you pay at the pump eventually, but it’ll hardly make up for what he’s already done to boost gas…