How Green is Bitcoin?
You, like many others, might be forgiven for assuming that, as a digital currency, Bitcoin is green. After all, it exists only online. However, this doesn't mean it has no impact on the real world. In fact, Bitcoin mining is said to use over $300,000 worth of electricity per day. How does this happen? In brief, Bitcoins are generated by computers solving complex mathematical problems. Mining Bitcoins is an interesting issue: computers essentially 'find' Bitcoins by solving processor-intensive equations, which get harder as the number of Bitcoins grow. The idea behind the increasing....
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The road to a green bitcoin continues. This time, it’s with an idea so wild that it just may work. It arrives via a whitepaper titled “Greening Bitcoin With Incentive Offsets” by Troy Cross and Andrew M. Bailey. Did they find a way to align the protocol’s incentives with the green bitcoin future some people […]
Another day, another bitcoin mine that uses green energy to operate. We have to highlight these initiatives to show how bitcoin and green energy are a complete match. They’re not at odds with each other as the FUD wants you to think. This time, it was The Guardian that took a look at Kryptovault. “A […]
The owners of the troubled digital currency exchange MintPal are moving to take legal action against former Moopay LTD CEO Alex Green. Green, who was once known as Ryan Kennedy, is accused of stealing as much as 4,000 BTC ($1.3m at press time) in user funds from MintPal following its failed relaunch and the subsequent collapse of Moopay (more commonly known as Moolah), which assumed control of the exchange this summer. Much of the stolen bitcoin was held in cold storage under the control of Green, according to the MintPal leadership. In the past two weeks, numerous allegations tying Green....
Yesterday, Jackson Palmer and Ben Doernberg from the Dogecoin community came forth with possible evidence that Moopay LTD. CEO known as Alex Green is long-time scammer Ryan Kennedy. The document in question linked pictures of Kennedy with pictures of Green, along with anonymous accounts of verification. New evidence is emerging that solidifies the tie between "Ryan Kennedy/Ryan Gentle" to the person known as Alex Green. Among these pieces of evidence was a video of Green showing off the Moopay ATM. Today, two people formally associated with Green verified that the man in the video, along....
Hollywood actor Seth Green can’t catch a break. He fell for a fishing attack and someone stole four valuable NFTs from him. A Bored Ape Yacht Club, two Mutant Apes, and a Doodle, to be exact. As if that wasn’t bad enough, Green was developing an animated show around his Bored Ape. You see, BAYC […]