Tag: climate change

Riot Blockchain’s (RIOT.Q) bid to keep up in the Bitcoin arms race has unintended consequences

The high price of Bitcoin has started an arms race between bitcoin miners to see which company can scale the largest, while maintaining the lowest overhead. But the unforeseen consequences of that are its contribution to the ongoing environmental calamity brought on by burning fossil fuels to close blocks.   The results are mergers and… Read More »Riot Blockchain’s (RIOT.Q) bid to keep up in the Bitcoin arms race has unintended consequences