If it were not for the human race, the ocean wouldn’t be littered with so much trash. Thankfully, some members of our species are actively working on a solution to ensure this problem gets solved sooner rather than later. Over in the United Kingdom, the nation’s first seabin has been installed. When fully operational, this contraption will […]
A Russian political group formed by President Vladimir Putin is planning to advance a green-friendly cryptocurrency concept.
Bitcoin’s ‘proof of work’ validation mechanism burns a huge amount of energy, but this novel solution from developer Bram Cohen aims to change that. Source
An Australia-based sustainability think-tank has claimed that bitcoin could eventually consume 60% of annual global electricity production.
CoinTelegraph continues its Bitcoin Review 2014 with the second of three installments, this one covering VC investment and the international regulatory environment. The aim of the review is to provide
Software provider AlphaPoint could very well be the most important Bitcoin company you’ve never heard of. After first making waves with the announcement of US$1.35 million in funding raised via VC fir
What if colleges and universities around the world had clubs dedicated to cryptocurrency where students could learn about emerging technologies and get in frequent communication with each other? This is already happening. And membership is not limited to college students. It’s called the College Cryptocurrency Network (CCN). Through the help of the CCN, different members […]
Hass McCook evaluates the sustainability of the bitcoin network against the costs of gold, fiat and the banking system.
There’s been some concern about Bitcoin transaction fees, lately, and the outlook appears grim. A new study by Dr. Kaskaloglu claims that our low fees are unsustainable, and Gavin Andreson’s proposed new system could raise them drastically. While changes will need to be made, eventually, most of this F.U.D. is unnecessary, and contrary to the ideals […]
Hass McCook compares the relative sustainability of the bitcoin network with the legacy banking system.
After examining the cost of gold production, Hass McCook looks at the sustainability of printing and minting physical currency.
Previously, I wrote about Bitcoin’s environmental impact, as well as some suggestions for improvement. Making more efficient use of processing power is one route, but improving the power supply would yield a much wider array of benefits for society. Even if you aren’t concerned about pollution, a fossil fuel-powered economy is unsustainable, leading to higher […]
In part two of a series on bitcoin’s sustainability, Hass McCook looks at the true costs of gold mining.
In part one of a new series, Hass McCook looks at the true costs of bitcoin mining.
Crypto-entrepreneurs are making waves in heavily-regulated territory, just like in the early days of petroleum, argues economist Tuur Demeester.