‘Single bitcoin transaction creates same e-waste as that of two iPhones binned’

That’s the suggestion by Alex de Vries, Economist and Data Scientist who spoke to ELN about his new research on the mountains of electronic waste produced by cryptocurrency mining

Tesla hints return of Bitcoin payments

Elon Musk said the company will start accepting Bitcoin when miners will start to use a reasonable amount of clean energy in their operations

Crypto powered by cow poo?

Bury-based crypto mining company is running its computers using cow manure and other renewable energies

Sandwell cryptocurrency mine found stealing electricity

West Midlands Police has uncovered a cryptocurrency ‘mine’ while searching for drugs in an industrial unit

Tesla ditches Bitcoin as payment over climate concerns

However, the EV and tech giant said it intends to use the cryptocurrency for transactions as soon as mining transitions to more sustainable energy

Mining bitcoin ‘will become a key part of global clean energy future’

Financial services company Square says bitcoin miners can actually complement clean energy production and storage technologies, allowing electricity grids to deploy ‘substantially more renewable energy’

Scientists warn bitcoin mining poses a threat to China’s climate targets

By 2024, Chinese bitcoin mining could generate a carbon output that could exceed the total annual greenhouse gas emissions of the Czech Republic and Qatar

Bitcoin demand is massive – but dwarfed by domestic devices on standby

New research from the University of Cambridge suggests the cryptocurrency network consumes energy at a rate of around 50TWh a year

Bitcoin ‘causing carbon emissions comparable to the city of Hamburg’

Researchers concluded the cryptocurrency generates around 22 million tonnes of carbon dioxide emissions each year

Short Fuse Episode 37

Short Fuse episode featuring the latest energy news and insights.