Everything we want costs energy, including bitcoin
Everything we want costs energy, including bitcoin
- April 22, 2021
- Bill Maurer, anthropology, Coindesk, Yahoo Finance, April 22, 2021
-----
“When looking at bitcoin and comparing its energy use to all of Argentina for example, what, to me, that should do is compel the next question, which is, what’s the energy consumption of the Internet of Things (IoT) or even [artificial intelligence]. What are the other large, computationally driven practices that are becoming more and more prevalent in our everyday lives?” said Bill Maurer, director, Institute for Money, Technology and Financial Inclusion at the University of California, Irvine, in a call.
For the full story, please visit https://www.coindesk.com/everything-costs-energy-bitcoin-mining.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightMaurer appointed to Social Science Research Council Board of Directors
- Careet RightRecognizing financial readiness, community partnerships
- Careet RightWhat is debt-to-income ratio?
- Careet RightLSR's newest editors are pushing law and society into the future
- Careet RightThree UC Irvine professors named co-editors of prestigious Law & Society Review