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” Resistance is futile! 3 reasons why Bitcoin mining will never go away “ In the summer of 2021, the Chinese government banned Bitcoin (BTC) mining and cited the typical concerns of harmful environmental effects and money laundering. Now, the Chinese government is working toward establishing its own digital yuan currency. This raises the question…
” Banking uses 56 times more energy than Bitcoin: Valuechain report “ Fresh figures on Bitcoin’s (BTC) energy consumption, efficiency and scalability serve to expose the banking sector while bathing the world’s largest cryptocurrency in a new light. A research report published by Michel Khazzaka, an IT engineer, cryptographer and consultant, calculates that Bitcoin payments are…
“Dems’ profound Jan. 6 cynicism and other commentary” Neocon: Dems’ Profound Jan. 6 Cynicism “If January 6 was a seminal day in American history that must never be repeated,” asks Commentary’s Noah Rothman, “why is the Democratic Party doing its utmost to prop up insurrectionary elements on the right?” Witness “a Nancy Pelosi-affiliated PAC’s . ….
“Biden bullies oil companies over ‘well above normal’ profits” President Biden stepped up his rhetoric against oil companies Wednesday, telling the seven major refiners their profit margins were “well above normal” and demanding that they explain themselves to the White House. “[A]t a time of war, refinery profit margins well above normal being passed directly…
” Here’s how blockchains are helping to advance the global energy grid “ The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and environmental protection advocates have routinely expressed concerns about the amount of energy required to keep the Bitcoin network secure. Data…
” Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC “ The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According to figures from Digiconomist, Bitcoin (BTC) currently uses 0.82% of the world’s power while Ethereum (ETH)…
“US gas prices top $5 in 13 states and counting” Surging gas prices have topped a whopping $5 per gallon in more than a quarter of the country and are expected to climb even higher as the summer travel season gets underway. Price data from AAA on Tuesday showed that the statewide average of a…
“Don’t grovel abroad, President Biden: Drill at home” President Joe Biden is walking back all his tough talk on the Saudis in hopes the perfidious princes will pump more oil to alleviate the global crunch that has America suffering $5-a-gallon prices. But rather than grovel in Riyadh, he should take his foot off the neck…
“Biden’s inflator in chief Brian Deese is an awful pick” There might be worse choices to lead President Joe Biden’s fight against inflation — Vice President Kamala Harris immediately comes to mind. But the role of Brian Deese in Biden’s new and belated “laser focus” on inflation is more proof that Sleepy Joe either doesn’t…
“Los Angeles drivers bemoan gas prices that topped $8 at one station: report” Los Angeles motorists bemoaned surging prices at one local gas station that charged more than $8 per gallon of regular this week – a sign of the brutal sticker shock that Californians and others around the country currently face while filling up…