How cryptocurrency uses more electricity per transaction than any other method

Powerful computers ‘mining’ for the cryptocurrency Bitcoin are driving global warming as data shows they use vastly more electricity than all the internet tech giants combined. Bitcoin passed the $60,000 mark for the first time on Saturday, but its rocketing value again raises questions over the vast energy resources required to run machines that mine … Read more

How cryptocurrency uses more electricity per transaction than any other method

Bitcoin passed the $60,000 mark for the first time on Saturday, again raising questions over the vast energy resources required to mine the cryptocurrency. On March 2, Bitcoin’s estimated energy consumption also reached its highest ever rate, hitting a staggering 130.90 terawatt hours (TWh) annualised. The following week on March 9, billionaire Microsoft co-founder Bill Gates … Read more

Why was I re-billed £115.25 for a clearly fraudulent PayPal transaction?

Why was I re-billed £115.25 for a clearly fraudulent PayPal transaction even though I’d never had an account and never made the purchase? Ethan Patterson, 18, spotted two suspicious purchases at the start of November He said the transactions were fraudulent as he had never had an account   The money was initially refunded but was … Read more

Record high house sales agreed post-lockdown push transaction pipeline up 50%

Aspiring home buyers rushing to buy before the stamp duty holiday deadline are clogging the transaction pipeline, with 50 per cent more home sales than usual waiting to be completed, a report reveals.   Record high sales agreed post-lockdown has led to some 140,000 more homes currently progressing through the system than at this time last … Read more