Month: January 2018

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Bitcoin Mining is more Polluting than Gold Mining

Bitcoin’s usefulness as a payment system has never been high due to the network’s inability to process more than seven transactions per second at most, whereas traditional payment service providers like VISA can handle 65,000 transactions per second if needed. This has resulted in the Bitcoin community being …

Bitcoin Raises Inequality

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