Posts

Showing posts with the label #Gluttony

Bitcoin’s energy gluttony sparking a crypto backlash1044543602

Image
Bitcoin’s energy gluttony sparking a crypto backlash The enormous energy demands of Bitcoin mining are prompting some U.S. municipalities to impose moratoriums or outright bans on cryptocurrency facilities. Bitcoin mining activity, critics warn, is leading to electricity price hikes and a revival of dirtier sources of power.