05-18-2018: Cryptocurrency Mining Will Consume 0.5% of Global Electricity


Manage episode 206189090 series 1543728
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In The News:

  • Binance is postponing the listing of new stablecoin, TrueUSD, due to liquidity concerns (Live Bitcoin News)(Binance Blog).
  • Binance increases referral reward to 40% for users holding 500+ BNB (bitcoinist).
  • IBM and veridium looking to put Carbot Credits on the blockchain (Bitcoin Magazine).
  • Malta is partnering with Omnitude to improve public transport by utilising the blockchain (Bitcoin Magazine).
  • Study finds that Bitcoin mining network is currently using the same amount of electricity as Ireland (Live Bitcoin News).

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