BFM 89.9
The Business Station
Recommended
43 mins
Bitcoin soaks up most of the hype heaped on cryptocurrencies, leaving its younger and smaller sibling Ethereum in the shadows. But Ethereum is anything but small. Its market capitalisation is roughly US $10 billion, and it has an equally whopping energy footprint. Ethereum mining consumes a quarter to half of what Bitcoin mining does, but that still means that for most of 2018 it was using roughly as much electricity as Iceland. Indeed, the typical Ethereum transaction gobbles more power than an average U.S. household uses in a day.
Share:
Recommended
Recent episodes
0
Latest stories
Podcasts · May 9 · 11:00AM
Inter Sinks Barca, PSG Awaits in Final
43 mins
Podcasts · May 9 · 43 mins
Inter Sinks Barca, PSG Awaits in Final
Podcasts · May 9 · 10:00AM
Stuff We Missed: Blood Brothers/Projekt U.F.O/Hacks + Funny People
46 mins
Podcasts · May 9 · 46 mins
Stuff We Missed: Blood Brothers/Projekt U.F.O/Hacks + Funny People
Podcasts · May 9 · 9:00AM
Top 5 at 5: How Do Malaysians Feel About Najib's Royal Pardon?
43 mins
Podcasts · May 9 · 43 mins
Top 5 at 5: How Do Malaysians Feel About Najib's Royal Pardon?