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Aug 18: The carbon footprint of cryptocurrency

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Manage episode 300230960 series 2806988
Content provided by Smart Prosperity Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Smart Prosperity Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The carbon footprint of cryptocurrency
What do Sweden, Argentina, Norway, Belgium, Ukraine and Chile have in common? They all consume less electricity in one year than Bitcoin does. Yes, Bitcoin, the cryptocurrency that is shaking up the financial world, is a massive energy hog. In fact, Bitcoin “miners” have been responsible for bringing retired coal and natural gas plants back online in order to satisfy their energy needs. Why is Bitcoin so dirty? Can cryptocurrencies go green?
Guest: Alex de Vries - Economist and founder of Digconomist.com
For more info and links, go to: podcast.smartprosperity.ca

  continue reading

34 episodes

Artwork
iconShare
 
Manage episode 300230960 series 2806988
Content provided by Smart Prosperity Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Smart Prosperity Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The carbon footprint of cryptocurrency
What do Sweden, Argentina, Norway, Belgium, Ukraine and Chile have in common? They all consume less electricity in one year than Bitcoin does. Yes, Bitcoin, the cryptocurrency that is shaking up the financial world, is a massive energy hog. In fact, Bitcoin “miners” have been responsible for bringing retired coal and natural gas plants back online in order to satisfy their energy needs. Why is Bitcoin so dirty? Can cryptocurrencies go green?
Guest: Alex de Vries - Economist and founder of Digconomist.com
For more info and links, go to: podcast.smartprosperity.ca

  continue reading

34 episodes

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