According to newly published research, mining cryptocurrency takes nearly twice as much energy than mining gold, platinum, and copper, on average. And all of this waste is simply because the creators of bitcoin did not understand how money works, thinking it should be based on some commodity, like gold! You mine bitcoin … Continue reading It takes three times more energy to mine Bitcoin than gold

“One like, one unpopular Blockchain/Cryptocurrency opinion” Interesting thread on Blockchain and Cryptocurrencies. Click the below image for the actual Twitter thread: Source: Nelson M. Rosario on Twitter: “One like, one unpopular Blockchain/Cryptocurrency … Continue reading Nelson M. Rosario on Twitter: “One like, one unpopular Blockchain/Cryptocurrency opinion”

A new movie sets its doomed entrepreneurs amidst 17th-century “tulipmania”—but historians of the phenomenon have their own bubble to burst. All the outlandish stories of economic ruin, of an innocent sailor thrown … Continue reading There Never Was a Real Tulip Fever

JP Morgan chief claims BitCoin is a “fraud” reserved for criminals. He would know. JP defrauded its customers for decades without need for a crypto-currency. The only reason crypto-currencies are hot right … Continue reading BitCoin will not be our saviour

The digital world is taking more and more space in our lives… and dramatically increasing electrical use. It’s a serious problem given the urgent need fight climate change. In a 2014 study, … Continue reading The bitcoin and blockchain: energy hogs

Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto. People still have their doubts, but the evidence does appear to support that this is the guy. What does … Continue reading Craig Wright revealed as Bitcoin creator Satoshi Nakamoto