Crypto’s Ugly side: Bitcoin’s thirst for energy

The rise in demand for cryptocurrencies, particularly Bitcoin (BTC), has led to an unprecedented increase in consumption of energy. Bengaluru: A single Bitcoin (BTC) transaction now needs roughly five times the energy required to complete 100,000 VISA (debit/credit card) transactions. According to a new report by digiconomist, it takes 821 kWH of energy to complete […]

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The Thief Lurking In Your Device

Hackers are infecting devices with crypto-malware to steal computing power. By Sharathkumar Nair Bengaluru, April 8, 2019 The world has been gripped by a new wave of cryptocurrency revolution. The advent of Bitcoin in 2009 has created new ways for people to do transactions globally. Bitcoins were primarily created as an alternative to the traditional […]

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