November 25, 2022

New York Governor Signs 1st Crypto Mining Ban in America

New York was the state where the first Congress and the Supreme Court sittings were held. George Washington, the first POSTUS, was also inaugurated in NY.  Therefore, it’s no surprise it’s the first to enact certain laws and regulations.  And today, the Empire state is still holding that reputation as a governor enacted the first […]

October 20, 2022
Bitcoin, News

BTC Energy Use Up 41% in One Year

Despite substantial gains in energy efficiency and a more diversified and sustainable energy mix, Bitcoin has witnessed a 41% spike in yearly energy usage, raising fears that regulators may target cryptocurrency mining in the near future. That information was presented by the Global Bitcoin Mining data Review of the third quarter of 2022, by the […]

September 7, 2022
Bitcoin, News

Bitcoin Might Become The First Currency to Achieve Net Zero Emissions by 2024

With the upcoming Ethereum update known as “the merge”, the cryptocurrency is set to abandon its proof-of-work consensus and adopt proof-of-stake. Meaning that Ethereum will significantly decrease its energy use after the update makes mining the cryptocurrency obsolete. The merge will leave Bitcoin as by far the cryptocurrency with the biggest energy consumption in the […]