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Will Bitcoin Mining Consume All The World's Current Electricity Production By Feb 2020?

Will Bitcoin Mining Consume All The World's Current Electricity Production By Feb 2020?

Via PowerCompare.co.uk,

Bitcoin’s ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not it’s a bubble waiting to burst.

However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to “mine” more Bitcoins.

How Does Bitcoin Mining Consume Electricity?

Russian Anger Builds In Town Next To Leaking Nuclear Plant

Russian Anger Builds In Town Next To Leaking Nuclear Plant

Earlier this week, we noted that Russia’s state-owned nuclear energy agency had taken baby steps toward recognizing the dangers posed by an aging nuclear storage facility in Chelyabinsk, a town located on Russia’s southern border with Kazakhstan, when it officially acknowledged the extraordinary high levels of radiation in the area. Though the government refused to admit culpability, as many believe the radiation leaked out of the Mayak nuclear power plant, which has a history of serious nuclear accidents.

Elon Musk Thinks We're All Going To Die - Here's His Plan B

Elon Musk Thinks We're All Going To Die - Here's His Plan B

Authored by Simon Black via SovereignMan.com,

251 million years ago, the Great Permian Extinction wiped out around 96% of Earth’s species.

Scientists call it “the great dying.” And they believe it occurred because of an eruption in Siberia that released more than 200 billion gallons of molten lava.

The lava released large amounts of Sulphur dioxide and carbon dioxide into the atmosphere, causing the Earth to warm by about 14 degrees Fahrenheit. Acid rain followed.

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