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Tag Archives: environment

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

Tesla rival Rivian is preparing for an IPO

The American electric car maker plans to go public in September and seek a $ 50 billion valuation. For that, they will have to overcome big obstacles. Among them, the fact that it has not yet delivered any units Tesla tends to dominate conversations about