Top 10 Lost Cryptocurrency Fortunes

Cryptocurrencies are an emerging technology that seeks to replace our current financial system (as in, money that is backed by a nation-state). In the modern financial system of credit cards and online shopping, transactions involving money needs the approval of a bank or credit card to prove that the exchange of money has taken place. […]

Bitcoin Q&A: Why “energy consumption” math sucks

[inaudible] [AUDIENCE] Do you think it’s possible to have a blockchain that has the five pillars of a fair currency… while there’s no mining? [ANDREAS] Umm, [one that] has no mining? Possibly. [One that] has no energy consumption? No. People misunderstand the energy consumption of systems like Bitcoin. First, people say it’s a “waste” to […]

What Mass Media Gets Wrong About Cryptocurrency: Blockchain Beyond Bitcoin (w/ Ash Benington)

Ash Bennington: Over the last few years, the only thing more impressive than the skyrocketing surge in cryptocurrency prices is the media attention they’ve attracted. But what if in this tsunami of media coverage of digital currencies, we’re missing the big story? What if the real revolution isn’t the shortterm surge in the valuation of […]

Bitcoin Q&A: Why “energy consumption” math sucks

[inaudible] [AUDIENCE] Do you think it’s possible to have a blockchain that has the five pillars of a fair currency… while there’s no mining? [ANDREAS] Umm, [one that] has no mining? Possibly. [One that] has no energy consumption? No. People misunderstand the energy consumption of systems like Bitcoin. First, people say it’s a “waste” to […]

Can Crypto Really Save the Planet??? 9 Worthwhile WePower Facts!

Hey guys, I’m Angelo & welcome back to Crypto Coin Consultants. Mining expends a lot of electrical energy. But is there a way to counter that? WePower plans on pioneering the blockchain-based renewable energy industry as one of the first crypto energy-trading platforms. Today we’ll learn more about this extremely fascinating power project. But first, […]

Bitcoin Q&A: Mining, energy prices, and fee market

“Is it still profitable to mine bitcoin now that the price has dropped?” This is a common question, but also a common misconception. Even supposedly serious analysts and financial organizations get this wrong all the time. Articles in the Financial Times, Wall Street Journal, and research reports published by JP Morgan Chase, say that it […]

Volatile Stock Market? How, and Why, to Get Solar Upside Exposure

Thank you for wathcing the Blockchain Report. I’m Ian McGrady [Communications Director of Sun Fund] This is sponsored by Sun Fund. I’m here with Sun Funds’s Scott Licamele [Co-Founder of Sun Fund] Scott, how are you doing? Very well. How are you? Today we’re looking at the renewable energy market and the blockchain crypto currencies. […]

Bitcoin Q&A: Energy consumption

[AUDIENCE] I want to ask you about the energy consumption in mining. [ANDREAS] Yes? [AUDIENCE] What is the solution for it? [ANDREAS] Well, energy consumption in mining is — I think — misrepresented very often in two ways. [Cryptocurrency] mining is one of the few industries that is completely geographically independent, meaning that it doesn’t […]

How Bitcoin Works in 5 Minutes (Technical)

At a very basic level, Bitcoin is just a digital file or ledger that contains names and balances, and people exchange money by changing this file. When Bob sells Carol a lawn mower for 5.2 Bitcoins, Bob’s balance goes up by 5.2, and Carol’s down by 5.2. There’s no gold or government issued money backing […]

Bitcoin Q&A: Solar energy & mining in space

[QUESTIONER]: Suppose the solar technology advances very well… [ANDREAS]: Yes. [QUESTIONER]: It will capture a lot of [solar energy] with very high efficiency. So marginal costs will become zero. Then would proof-of-work still work, with marginal costs at zero? [ANDREAS]: That’s a good question. Suppose that solar energy advances with its efficiency and you can […]