U.S. Markets closed
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • Dow 30

    35,911.81
    -201.79 (-0.56%)
     
  • Nasdaq

    14,893.75
    +86.95 (+0.59%)
     
  • Russell 2000

    2,162.46
    +3.02 (+0.14%)
     
  • Crude Oil

    84.16
    +0.34 (+0.41%)
     
  • Gold

    1,822.40
    +5.90 (+0.32%)
     
  • Silver

    23.10
    +0.19 (+0.82%)
     
  • EUR/USD

    1.1434
    +0.0018 (+0.1601%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • Vix

    19.19
    -1.12 (-5.51%)
     
  • GBP/USD

    1.3685
    +0.0005 (+0.0370%)
     
  • USD/JPY

    114.2900
    +0.0900 (+0.0788%)
     
  • BTC-USD

    42,670.46
    -551.46 (-1.28%)
     
  • CMC Crypto 200

    1,025.85
    +0.12 (+0.01%)
     
  • FTSE 100

    7,588.87
    +45.92 (+0.61%)
     
  • Nikkei 225

    28,333.52
    +209.24 (+0.74%)
     

Breaking Down the Bitcoin Energy Debate

In the wake of Tesla’s decision to stop accepting bitcoin because of environmental concerns, Naomi Brockwell breaks down the energy debate around bitcoin, taking a hard look at the different sides of the arguments involving bitcoin’s environmental footprint. These include the mischaracterizations as well as the realities of the high amount of energy mining bitcoin requires (if it was a country, bitcoin would be 39th in energy consumption worldwide).