Thelasko shares a report from the BBC: Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University suggests. ‘Mining’ for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions. Cambridge researchers say it consumes around 121.36 terawatt-hours (TWh) a year — and is unlikely to fall unless the value of the currency slumps. Critics say…
Tag: shares
Solar and Wind Are Reaching for the Last 90% of the US Power Market
An anonymous reader shares a report: Three decades ago, the U.S. passed an infinitesimal milestone: solar and wind power generated one-tenth of one percent of the country’s electricity. It took 18 years, until 2008, for solar and wind to reach 1% of U.S. electricity. It took 12 years for solar and wind to increase by another factor of 10. In 2020,…
About Half of Global Wastewater Is Treated, Instead of Previous Estimate of 20%, Study Finds
schwit1 shares a report from UPI: The study published Monday in the journal Earth System Science Data, estimated 359 billion cubic meters of wastewater is produced each year — which is “equivalent to 144 million Olympic-sized swimming pools,” Edward Jones, a doctoral researcher at Utrecht University and the study’s lead author, said in a statement. Researchers found that 52% of that…
Was GameStop’s Rise Actually Orchestrated By Hedge Funds?
Robert J. Shapiro advised senior members of the Obama administration on economic policy, and served as an Under Secretary of Commerce under Bill Clinton. Now a senior fellow at the McDonough School of Business at Georgetown, he’s suspicious of the surge in GameStop’s stock price:
Allegedly, this is the tale of scrappy, small online day traders buying shares of a beleaguered company…
Has Section 230 Created a ‘Vast Web of Vengeance’?
Slashdot reader GatorSnake shares “Another take of the implications of Section 230… One person poisoned the online personas of multiple people who had ‘wronged’ her, with it being nearly impossible to have the false accusations removed from the sites or from Google’s search results.” The New York Times reports:
Mr. Babcock, a software engineer, got off the phone and Googled himself. The…
Robinhood Stops Limiting GameStop Shares
Robinhood has lifted all the buying curbs imposed at the height of the battle between amateur investors and Wall Street hedge funds. The change comes one week after the online broker limited clients to only buying a single share of GameStop and expanded its list of restricted stocks from 13 to 50. Reuters reports: The videogame retailer, the initial trigger for…
Clearview AI Violated Canadian Privacy Law
sinij shares a report from CBC.ca: American technology firm Clearview AI violated Canadian privacy laws by collecting photos of Canadians without their knowledge or consent, an investigation by four of Canada’s privacy commissioners has found. The report found that Clearview’s technology created a significant risk to individuals by allowing law enforcement and companies to match photos against its database of more…