Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment f...
Tag: consumption
NFT Music: A New Era Of Performing Songs Has Arrived – Does It Make Traditional Music Consumption Irrelevant?
(This is the conclusion of a three-part deep dive into the current state of the world’s music NFT industry and how it’s making an impact on society) In cultivating their fan community, Allan and Inglo...
OpenSea NFT Major Yet Again Surpassed Uniswap by Gas Consumption. What Does This Mean?
Vladislav Sopov Ethereum (ETH) network has new leader in terms of gas consumption: Uniswap is dethroned yet again Contents OpenSea consumes more gas than Uniswap: Nansen Ethereum median transaction fe...
Crypto Energy Consumption Enormous But It Needn’t Be, Congressional Panel Hears
Crypto energy usage can be lowered from its current enormous levels, House panel told getty The energy used in cryptocurrency transactions is enormous, but it needn’t be, a Congressional hearing today...
US Committee Announces Hearing on Cryptocurrency Energy Consumption
The United States House Committee on Energy and Commerce has announced a hearing on the cryptocurrency industry’s energy consumption. The hearing will take place on Thursday, January 20, 2022. “In ju...