Month: January 2018

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Bitcoin Mining is more Polluting than Gold Mining

Digiconomist January 16, 2018 Sustainability

Bitcoin’s usefulness as a payment system has been deteriorating fast over the past year. Bitcoin transaction fees and price volatility skyrocketed

Bitcoin Raises Inequality

Digiconomist January 3, 2018 Sustainability

We’ve barely made it past the controversy surrounding Bitcoin’s insane energy consumption, but egregious transaction fees, that have to be paid for actually using the popular digital currency, may soon spark a whole new storm of critique

Bitcoin Sustainability Report December 2017

Digiconomist January 2, 2018 Sustainability

Digiconomist is committed to promoting (the development of) sustainable blockchain technology.

Crypto Japan

@SirbuOffice

Bitfinex Must Face N.Y. Suit Over $800 Million in Lost Funds bloomberg.com/news/articles/…

3:06 pm · July 10, 2020 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

The latest #Ethereum Energy Consumption Index is 7.513 TWh per Year/0.7 Mil US households (+0.02%) ethereumenergyconsumption.com 20.1 KWh per unique transaction (powers 1 US household for 0.7 days) #MakeEthereumSustainable

2:02 pm · July 9, 2020

Digiconomist

@DigiEconomist

#Bitcoin #EWaste Generation is at 10.562 kilotonnes per year (comparable to a country like Luxembourg) bitcoinelectronicwaste.com A footprint of 92.3 grams per unique transaction (equal to the weight of 1.4 'C'-size batteries or 2 golf balls) #MakeBitcoinSustainable

1:32 pm · July 8, 2020

Digiconomist

@DigiEconomist

The latest #Bitcoin Energy Consumption Index is 60.526 TWh per year (comparable to a country like Algeria) bitcoinenergyconsumption.com The #energy #footprint per unique transaction is 531 kWh (enough to power 1 U.S. household for 17.9 days) #MakeBitcoinSustainable

1:05 pm · July 7, 2020

Digiconomist

@DigiEconomist

#Bitcoin's TWh usage results in a #CarbonFootprint of 28.79 MtCO2 (comparable to a country like Myanmar) bitcoinenergyconsumption.com The #carbon #footprint per unique transaction is 252.13 kgCO2 (equivalent to 630,322 VISA transactions) #MakeBitcoinSustainable

1:05 pm · July 7, 2020

Eric Wall

@ercwl

If you haven't been paying close attention to the S2F saga lately, I've compiled a list of recent discoveries and events with links so you can quickly catch up. Seems like most people still haven't seen these. Have a read and pay it a thought if you want. medium.com/@ercwl/a-list-…

5:22 pm · July 2, 2020 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

The latest #Ethereum Energy Consumption Index is 7.517 TWh per Year/0.7 Mil US households (-0.02%) ethereumenergyconsumption.com 20.6 KWh per unique transaction (powers 1 US household for 0.7 days) #MakeEthereumSustainable

2:02 pm · July 2, 2020

Palley

@stephendpalley

Fifth Circuit court of appeals holds that there is no 4th amendment protection that (1) precludes the use of analytics to trace bitcoin transactions or (2) that protects transaction records on an exchange (here, Coinbase). /1 pic.twitter.com/4lUtyBkLiM

7:50 pm · July 1, 2020 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

#Bitcoin #EWaste Generation is at 10.047 kilotonnes per year (comparable to a country like Luxembourg) bitcoinelectronicwaste.com A footprint of 89.6 grams per unique transaction (equal to the weight of 1.4 'C'-size batteries or 2 golf balls) #MakeBitcoinSustainable

1:33 pm · July 1, 2020

Digiconomist

@DigiEconomist

The latest #Bitcoin Energy Consumption Index is 59.32 TWh per year (comparable to a country like Greece) bitcoinenergyconsumption.com The #energy #footprint per unique transaction is 528.5 kWh (enough to power 1 U.S. household for 17.9 days) #MakeBitcoinSustainable

1:18 pm · June 30, 2020