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June 14, 2014 No Comments

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Exposing the Unintended Consequences of Digital Trends

DigiEconomist
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DigiEconomist avatar; Digiconomist @DigiEconomist ·
20h 1599737516889804800

Notification for my journalist followers: the press release for my latest research on the Ethereum merge dropped on EurekAlert. Official publication data will be tomorrow December 6 at 11AM ET.

Contact me if you’re interested but don’t have access to EurekAlert or can’t find it.

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DigiEconomist avatar; Digiconomist @DigiEconomist ·
14h 1599827731688042496

Like like some people are getting fed up with locals paying the price for the empty promises of the crypto mining industry

Like like some people are getting fed up with locals paying the price for the empty promises of the crypto mining industry
Avi Asher-Schapiro @AASchapiro

Breaking:

The Kentucky Public Service Commission is investigating the economic rationale for discounting electricity rates for Bitcoin miners: http://readme.readmedia.com/KY-PSC-to-Investigate-If-Taxpayer-Subsidized-Cryptocurrency-Mining-Will-Raise-Costs-for-Customers/18967935?utm_source=newswire&utm_medium=email&utm_campaign=media_pr_emails

This follows me investigation into the industry's expansion in the state: https://www.context.news/digital-divides/long-read/coal-to-crypto-the-gold-rush-bringing-bitcoin-miners-to-kentucky

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Retweet on Twitter Digiconomist Retweeted
AASchapiro avatar; Avi Asher-Schapiro @AASchapiro ·
14h 1599826781296807936

Breaking:

The Kentucky Public Service Commission is investigating the economic rationale for discounting electricity rates for Bitcoin miners: http://readme.readmedia.com/KY-PSC-to-Investigate-If-Taxpayer-Subsidized-Cryptocurrency-Mining-Will-Raise-Costs-for-Customers/18967935?utm_source=newswire&utm_medium=email&utm_campaign=media_pr_emails

This follows me investigation into the industry's expansion in the state: https://www.context.news/digital-divides/long-read/coal-to-crypto-the-gold-rush-bringing-bitcoin-miners-to-kentucky

Image for the Tweet beginning: Breaking: The Kentucky Public Service Twitter feed image.
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DigiEconomist avatar; Digiconomist @DigiEconomist ·
15h 1599822682161569792

It’s time to get rid of it.

Dennis Porter @Dennis_Porter_

#Bitcoin mining is bigger than #BTC the asset.

We’ve had sound money before. We’ve never had technology that can simultaneously fund generation, stabilize the grid, clean up the environment, provide rural jobs, reduce rates, and finance innovative energy projects.

It’s HUGE!
Reply on Twitter 1599822682161569792 Retweet on Twitter 1599822682161569792 1 Like on Twitter 1599822682161569792 16 Twitter 1599822682161569792
DigiEconomist avatar; Digiconomist @DigiEconomist ·
20h 1599737516889804800

Notification for my journalist followers: the press release for my latest research on the Ethereum merge dropped on EurekAlert. Official publication data will be tomorrow December 6 at 11AM ET.

Contact me if you’re interested but don’t have access to EurekAlert or can’t find it.

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Retweet on Twitter Digiconomist Retweeted
DigiEconomist avatar; Digiconomist @DigiEconomist ·
3 Dec 1599111470125490176

Even if it was 100% powered by renewables; wasting such a limited resource on generating useless random numbers is unsustainable regardless. It also would’t address other externalities such as electronic waste, water waste and noise pollution. https://twitter.com/cleanupbitcoin/status/1599106946031931395

Change The Code @CleanUpBitcoin

The Bitcoin mining industry claims nearly 2/3rds of mining comes from sustainable energy.❓

The University of Cambridge found that nearly 2/3rds of Bitcoin mining actually comes from FOSSIL FUELS. This is a sustainability red flag. 🚩

Read more here: https://www.jbs.cam.ac.uk/insight/2022/a-deep-dive-into-bitcoins-environmental-impact/
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