Bitcoin's energy problem a lesson amid tide of digitalisation

from Business Extra · host The National News

Bitcoin mining now uses enough electricity annually to power a country equivalent in size to the UAE. Can warnings over cryptocurrencies' carbon footprint challenge - and help us reimagine - how we utilise energy resources? And amid a rising tide of digital assets, what can be learnt from Bitcoin's shift to renewable energy? Host Mustafa Alrawi, assistant editor-in-chief, and co-host Kelsey Warner, future editor, discuss these issues in this week's episode. In this episode: Bitcoin's energy consumption (0m 55s) What is Bitcoin mining? (2m 24s) Why is there a market for Bitcoin? (6m 45s) Bitcoin's role in an energy transition (8m 30s) Read more on our website: • Bitcoin's annual energy consumption now exceeds that of the UAE • Bitcoin breaches $50,000 threshold in downfall • Tesla’s first-quarter profit surges to $438m on record deliveries Subscribe to Business Extra for free to receive new episodes every week Apple Podcasts | Google Podcasts | Audioboom | Spotify | RSS

Episode metadata supplied by the publisher feed · Published Apr 28, 2021

Embed this episode

Attribution link and audio player

Ready to play

Bitcoin's energy problem a lesson amid tide of digitalisation

0:00 15:12

1×

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Share this episode

Similar Episodes

No similar episodes found.

Similar Podcasts

Wild WinsDay Wild WinsDay Pump the hump with WILD WINSday 🐪💪: Your 3-minute weekly video boost for leadership, sales, marketing, and business breakthroughs to WIN the day! The Course Mentors Podcast The Course Mentors Hey there, future course creator!Ever feel like turning your know-how into an online course is like trying to solve a Rubik's cube blindfolded? Well, grab your headphones because "The Course Mentors Podcast" is here to be your secret weapon!Meet Aimee and Odette (that's us!), your new best friends in the course creation world. We've been in the trenches for over a decade, and for the last five years, we've been rocking the online course space. Now we're here to spill all our secrets in bite-sized, 15-20 minute episodes that'll fit perfectly in your coffee breaks.No fluff, no filler - just real, actionable advice that'll take you from "um, what's a landing page?" to "holy moly, I just hit six figures!". We're talking everything from crafting your course to marketing it like a pro and building a business that'll have you pinching yourself.Whether you're dreaming of ditching the 9-to-5 grind, adding a sweet extra income str

Frequently Asked Questions

How long is this episode of Business Extra?

This episode is 15 minutes long.

When was this Business Extra episode published?

This episode was published on April 28, 2021.

Can I download this Business Extra episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.

URL copied to clipboard!