Watch: Cryptocurrency Is Using More Of The Grid Than Electric Cars

Mining for bitcoin and its rivals would suck more power from global electric grids, this year than electric vehicles would draw in the next seven. analysts estimated power demand to mine for bitcoin to equal 0.6% of the world’s electricity consumption in 2018 Future energy consumption of bitcoin and other cryptocurrencies and their underlying technology could become a hot topic for the sector, the analysts said. Seeking low electricity costs, bitcoin mining will continue to be concentrated on low-cost power generation countries such as China and, in the U.S.

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

Latest

congress
An Illinois Marine’s Campaign for Congress
June 5, 2023

People from all walks of life decide to run for office, but a sizable number are people who have served the country. Per Veteran Affairs, there are 82 veterans currently serving in the U.S. Congress and one more veteran wants to join them. So, who is the next former Marine aiming to represent his district […]

Read More
fluid power
TERZO : The Future Of Hydraulic Power, Are We There Yet?
June 5, 2023

There is a revolution happening in transportation; the fluid power revolution!  To better understand this revolution, Are We There Yet? series Host, Grant Harrell, speaks with Zach Lindsley, National Sales Manager at Terzo Power Systems, a company at the forefront of this important revolution. What does the fluid power revolution look like?  Terzo explains that […]

Read More
What Are Leaf Spots?
What Are Leaf Spots?
June 5, 2023

Why do leaf spots occur, how do they affect the health and functionality of trees, and what can be done to control and mitigate their damaging effects? Join us as Wes Rivers will explain these questions in-depth. TreeNewal’s VP of Operations, Wes Rivers, shares his expertise on diagnosing, managing, and preventing leaf spot diseases. […]

Read More