Category: ERCOT

What are the hidden costs of Riot Blockchain’s (RIOT.Q) Texas expansion?

Riot Blockchain’s (RIOT.Q) latest addition to their Bitcoin mining and hosting empire, to the tune of 1 gigawatt in Texas, isn’t good for either Bitcoin or the environment, or you. Granted, not everything Riot’s doing is horrible. They’ve managed to offset a good chunk of their electrical bill by adding immersion cooling to their equipment,… Read More »What are the hidden costs of Riot Blockchain’s (RIOT.Q) Texas expansion?

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The Crypto Climate Accord and a carbon free future for cryptocurrency

We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a… Read More »The Crypto Climate Accord and a carbon free future for cryptocurrency

The post The Crypto Climate Accord and a carbon free future for cryptocurrency appeared first on Equity.Guru.

The Crypto Climate Accord and a carbon free future for cryptocurrency

We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a… Read More »The Crypto Climate Accord and a carbon free future for cryptocurrency

The post The Crypto Climate Accord and a carbon free future for cryptocurrency appeared first on Equity.Guru.