Tag Archives: finds

New analysis finds mining Bitcoin consumes seven times more electricity than Google

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

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Yandex Finds Better Way to Train ML Models Over the Internet

A new proposal from tech giant Yandex overcomes a major hurdle in the advancement of machine learning by bringing the process to the masses, so that anyone with a home computer can help train a large neural network. Modern deep learning applications require many GPUs, which can be costly, and so are usually only accessible to well-funded companies and institutions. To ensure ML model training doesn’t become exclusively the domain of big organizations that can afford the tech required,… Source link

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Coinbase complaints jump as bitcoin and crypto interest soars, study finds

As Bitcoin and other digital coins rise in popularity, so have the number of gripes with the largest cryptocurrency exchange in the U.S., according to a new study. Coinbase was the most complained-about crypto digital wallet in the Consumer Finance Protection Bureau’s complaint database, according to a study done by the U.S. Public Interest Research Group, with the volume of filings — albeit starting at a low level — accelerating this year.  “Coinbase should be investigating consumer… Source link

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Yahoo Small Business Finds Only 38 Percent of Microbusiness Owners Received Government Aid During the Pandemic, with 50 Percent Still Experiencing Negative Impacts of COVID-19

Amid lack of government assistance, 85 percent of microbusiness owners relied on community support for survival, but despite challenges, 95 percent are optimistic about 2021 SUNNYVALE, Calif., June 29, 2021 /PRNewswire/ — Yahoo Small Business, a division of Verizon Business, today released the findings of the Yahoo Small Business 2021 Microbusiness Outlook Report, a new survey exploring the state of microbusinesses (businesses with five or fewer employees) in the U.S. and their outlook as… Source link

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Yahoo Small Business Finds Only 38 Percent of Microbusiness Owners Received Government Aid During the Pandemic, with 50 Percent Still Experiencing Negative Impacts of COVID-19

SUNNYVALE, Calif., June 29, 2021 /PRNewswire/ — Yahoo Small Business, a division of Verizon Business, today released the findings of the Yahoo Small Business 2021 Microbusiness Outlook Report, a new survey exploring the state of microbusinesses (businesses with five or fewer employees) in the U.S. and their outlook as they emerge from the COVID-19 pandemic. A highlight of the findings are as follows:  50% of microbusiness owners continue to struggle with the economic impacts of COVID…. Source link

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Corsair rockets up 30% in early trading as Wall Street Bets finds its latest meme stock

The meme stock craze has found its latest target: video game hardware maker Corsair (CRSR). The company’s stock was up 31% when the market opened on Monday to $40.70, its highest price since late February, as mentions of the company on Wall Street Bets’ (WSB) Reddit pages have exploded. As of Monday morning, the stock was mentioned at least 1,180 times on WSB, according to Quiver Quantitative. Wallstreetbets Trackers, meanwhile, showed activity around Corsair up 17%. Corsair follows a… Source link

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Google misled consumers over location data settings, Australia court finds

Google’s historical collection of location data has got it into hot water in Australia where a case brought by the country’s Competition and Consumer Commission (ACCC) has led to a federal court ruling that the tech giant misled consumers by operating a confusing dual-layer of location settings in what the regulator describes as a “world-first enforcement action”. The case relates to personal location data collected by Google through Android mobile devices between January 2017 and December… Source link

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Australia finds Google misled users over data collection

A search for ‘Australia News’ on the Google homepage, arranged on a desktop computer in Sydney, Australia, on Friday, Jan. 22, 2021. David Gray | Bloomberg via Getty Images Australia’s federal court found that Google misled users about personal location data collected through Android mobile devices between 2017 and 2018, the country’s competition regulator said Friday. The Australian Competition and Consumer Commission (ACCC) — which launched legal proceedings against Google in 2019 — said… Source link

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