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The first solar powered car is closer to reality

The first solar powered car is closer to reality

Lightyear, a Dutch startup known for its solar-powered car – the Lightyear One – announced that it has found a partnership to produce the vehicle. The chosen one is the Finnish Valmet Automotive, a company that signed a letter of intent with Lightyear for the

China province cuts power from 26 bitcoin mining farms

China province cuts power from 26 bitcoin mining farms

Chinese authorities in Sichuan province forced energy distributors in the region to cut the supply for 26 bitcoin mining farms on Thursday (18), according to information from The Block. Mining companies had to turn off their machines to undergo an inspection that should last until

Bitcoin mining already consumes more energy than Argentina

Bitcoin mining already consumes more energy than Argentina

According to Cambridge University, global Bitcoin mining operations already consume more energy than the whole Argentina. Mining is the process of creating cryptocurrency. The method is energetically demanding, since it is done using computer components that consume a lot of electricity, as is the case

Ripple CEO Brad Garlinghouse

Ripple CEO says that each Bitcoin transaction costs 75 gallons of gas

Brad Garlinghouse, Ripple CEO, said in a recent interview with Bloomberg that each Bitcoin (BTC) transaction consumes energy equivalent to 75 gallons of gasoline. During the conversation with the publication, the businessman attacked the environmental aspect of cryptocurrency mining. “As the price of Bitcoin goes