Tag Archives: electricity

A new analysis by the New York Times revealed the extent of the high energy consumption mining Bitcoin entails. The process of mining Bitcoin, in which complex math algorithms must be solved to create and award new Bitcoin, is a highly energy-intensive process. Each year, mining Bitcoin is responsible for the consumption of about 91 terawatt-hours of electricity, which is more than the entire annual electricity use of Finland. This constitutes about 0.5 percent total global electricity… Source link

The Guardian A Texas city had a bold new climate plan – until a gas company got involved The fossil fuel industry is using the same playbook to fight city climate plans around the country People wait in long lines at HEB grocery store in Austin, Texas, on 17 February. Photograph: Montinique Monroe/Getty Images When the city of Austin drafted a plan to shift away from fossil fuels, the local gas company was fast on the scene to try to scale back the ambition of the effort. Like many cities… Source link

Dive Brief: The Des Moines City Council on Monday approved a resolution outlining a series of carbon emission goals, including a 24/7 clean energy by 2035 pledge modeled after Google’s round-the-clock energy plan. Des Moines is already well on its way to 100% clean energy, according to the council resolution; 83% of the city’s energy came from clean sources in 2020. While Des Moines may benefit from factors that enable it to pursue ambitious energy targets,… Source link