Bitcoin miners' power needs could soar higher than global energy production by 2020

·

·

Bitcoin miners' power needs could soar higher than global energy production by 2020

The power needed to mine Bitcoins could soon outstrip world energy production. Andrey Rudakov/Bloomberg. With the value of Bitcoin soaring ahead of the start of futures trading in it on Sunday, a digital analytical platform has warned that the energy usage required by the cryptocurrency will soar to
See Original Article

Herald files for bankruptcy, plans sale to GateHouse

ANNOUNCING CHANGE: Boston Herald Publisher Patrick J. Purcell announced a pending sale of the media company to GateHouse Media yesterday.
See Original Article

China Factory Inflation Eases as Consumer Prices Remain Subdued

“Cooling commodities prices could push PPI inflation lower,” Fielding Chen, an economist at Bloomberg Economics in Hong Kong, wrote in a note. He said the inflation data “reinforce Bloomberg Economics' view that the central bank is likely to deploy macro-prudential and regulatory instruments rather
See Original Article

Delta Says Snowfall Forcing More Atlanta Flight Cancellations

Delta Air Lines Inc. said it canceled more than 350 flights into and out of its Atlanta hub Saturday after scrubbing more than 1,000 on Friday as winter weather continued to inhibit takeoffs and landings. The airline said it was issuing waivers for customers ticketed to, from or through Atlanta through Dec.
See Original Article

Great Swindles, Dog Rescues and Fake Restaurants

The weekend is here! Pour yourself a mug of Guatemala Antigua coffee, grab a seat where you can see the snow falling, and get ready for our longer form weekend reads: How Big Is the Hedge Fund Industry? (Winton); Millions Are Hounded for Debt They Don't Owe. One Victim Fought Back, With a
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.