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Tag: Energy Consumption

Senator Warren leads the charge against energy consumption claims on Texas crypto miners

October 12, 2022 wp-bot Cointelegraph

According to a letter penned by seven U.S. lawmakers, ERCOT was “intimately connected” with the growth of crypto mining in Texas.

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Is post-Merge Ethereum PoS a threat to Bitcoin’s dominance?

September 25, 2022 wp-bot Cointelegraph

Cory Klippsten, the CEO of Swan Bitcoin, shares his views on how “the competition for liquidity” between Bitcoin and Ethereum will play out after the

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Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’

September 19, 2022 wp-bot Cointelegraph

In a recent Twitter Space, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on

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‘Green ETH’ narrative to drive investment and adoption, says pundits

September 16, 2022 wp-bot Cointelegraph

Post-Merge Ethereum has now detached itself from the “crypto mining is bad for the environment” narrative, following its transition to proof-of-stake.

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Environmental groups want Bitcoin to follow Ethereum’s example in moving to proof-of-stake

September 15, 2022 wp-bot Cointelegraph

Critics have suggested Bitcoin could not operate as the same decentralized currency without a consensus mechanism like proof-of-work.

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Merge is ‘a step in the right direction’ to address crypto’s energy usage — Rostin Behnam

September 15, 2022 wp-bot Cointelegraph

The CFTC chair said that the Ethereum blockchain’s transition to proof-of-stake, despite reducing energy usage by more than 99%, may not go far enough in

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