Listen: Justifying Block Chain’s Energy Usage

 

With the surge in popularity for Bitcoin, focus has been shifted to the ever-changing state of its value however, energy usage from the Bitcoin network has posed some concern as well. In fact, if you were to crunch the numbers that the network uses as far as energy is concerned, it would be able to power all of Ireland. Of course, other cryptocurrency options have popped up utilizing a lot less energy, but the problem still remains that all these other digital networks are using up energy at an alarming rate. Kurt Cobb said in a recent piece for oilprice.com that, “much of what happens in the information economy is simply focused on extracting more resources more quickly to create more goods and services for more customers. So there is that to consider, in fact, one aspect of this “blockchain technology” seems to have a sliver of hope as it has the potential to decentralize banking and finance as we know it and help us remove our reliance on big corporations to handle these services for us.

Follow us on social media for the latest updates in B2B!

Image

Latest

Baker Tilly
Baker Tilly Bridges Cultures and Markets to Power U.S.–China Business Growth
November 14, 2025

Baker Tilly’s U.S.–based China practice supports Chinese enterprises operating in the United States as well as U.S. companies with Chinese-heritage leadership. Team members such as Beverly Bian, Terry Dickens, and Lucy Ni work with clients ranging from early-stage ventures to major multinational organizations navigating cross-border growth. The practice distinguishes itself through its bilingual capabilities…

Read More
construction
Empowering Excellence: How Rick Ward Elevates Southwest Construction Services
November 13, 2025

In an industry where timelines tighten and jobsite complexities grow by the day, quality assurance has become one of construction’s most defining—and differentiating—disciplines. At its core, QA isn’t just about correcting mistakes; it’s about building systems and people capable of preventing them in the first place. This is especially true in specialized sectors…

Read More
training
Empowering Teams Through a Modern Training Culture
November 13, 2025

Training may be the backbone of any skilled trade, but in waterproofing—where mistakes can compromise entire structures—it becomes a defining competitive advantage. At Southwest Construction Services, the evolution of training reflects a larger industry shift: seasoned crews now rely less on formal classroom sessions and more on hyper-focused, on-site guidance tailored to the…

Read More
quality assurance
Ensuring Excellence: How Quality Assurance Shapes Every Successful Project
November 13, 2025

In an era of rising climate volatility and tighter construction tolerances, waterproofing has quietly become one of the most consequential guardians of a building’s long-term health. Too often, the industry treats it as an afterthought—something buried behind walls, beneath slabs, or under layers of finish—but the truth is that its success or failure can…

Read More