(Natural News) Concerns regarding the environmental impact of bitcoin have surfaced despite its rising prominence. Many have criticized the cryptocurrency’s mining process for using up huge amounts of energy. Because of this, the U.S. treasury secretary warned of bitcoin’s “staggering” energy demand and slammed it as “extremely inefficient.” CNBC reported Feb. 22 that U.S. Secretary […]

(Natural News) Russia’s financial regulator has proposed a ban on cryptocurrency-related activities such as trading and mining in the country. To back this proposal, it released a report outlining crypto’s potential use for criminal activity and the high energy requirement of crypto mining. The Central Bank of Russia (CBR) publicized its crypto report on Jan. […]

(Natural News) Ethereum, one of the biggest cryptocurrencies after bitcoin, consumes massive amounts of energy to run its network. This is despite efforts from its creators to reduce its energy consumption a few years back. A new report from Digiconomist‘s Ethereum Energy Consumption Index shows that Etherum experienced a massive spike in energy consumption starting […]

(Natural News) In 2020, 21 percent of energy consumption in the United States came from non-fossil fuel sources, such as nuclear and renewables. This is the highest share non-fossil fuel sources have had since the early 1900s. Fossil fuels such as petroleum, natural gas and coal accounted for the remaining 79 percent of total U.S. energy […]

(Natural News) As Bitcoin’s popularity continues to rise, driven in part by recent moves by electric automaker Tesla, the true energy cost of the cryptocurrency is also coming to light. A new study shows that Bitcoin uses more energy than the entire country of Argentina. The report comes from Cambridge University, which says that the cryptocurrency has […]

(Natural News) Households in Singapore respond to ambient air pollution by increasing energy consumption, according to a recent study published in the Journal of the Association of Environmental and Resource Economists. Researchers who conducted the 2020 study found that increased electricity demand also increases the carbon emissions co-produced when supplying power to these homes. According to […]

(Natural News) A report from the Edison Electric Institute (EEI) shows that U.S. power output in the first week of April was 64,896-gigawatt hours, 5.7 percent lower than in 2019, and the lowest that the nation has seen since 2004. The report follows the release of the Energy Information Administration‘s (EIA) new short-term energy outlook (STEO) report, which anticipates that […]

(Natural News) If you are a casual stargazer, then you’ve probably already spent at least a few hours one random night trying to make out certainly celestial bodies with nothing more than just your naked eye. After all, you can’t get more casual than using no stargazing equipment at all. And for many people, this […]

(Natural News) Megacities have a population of at least 10 million people, and they largely rely on the ecosystem services provided by remote natural area. A study found that planting 20 percent more trees in major cities would reduce air pollution and energy use by two times. The study was conducted by a team of […]