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.

Could bitcoin pay the (heating) bills after all?

Heatmine’s device uses waste heat from generating cryptocurrencies to warm buildings

Energy cost of mining bitcoin ‘double that of gold’

New research reveals the significant energy expense in generating cryptocurrencies

Chinese bitcoin miners eye Canada’s cheap power

Chinese bitcoin mining firms are considering moving to Canada in the face of potential crackdowns and rising energy costs. China has grown into one of the world’s biggest sources of cryptocurrency mining but there are signs it is increasing scrutiny of the sector’s players and may ask local authorities to regulate their power use. Mining […]