Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It?

Mainstream Media Claims Bitcoin Burns More Energy Than Ireland – Does It?

Read More

A mainstream media assertion made recently implies that cryptocurrency is quite costly in terms of energy consumption. “Bitcoin has been alarming people for years,” the report notes, pointing to the amount of electricity used for its mining – almost as much as a small nation needs. But is that really so? Also read: Japanese Internet…

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

Russians To Mine Bitcoin Close to a NATO Exercise in Norway

Read More

A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. The construction of the farm is expected to begin this summer,…