A Pennsylvania-based holding company called Stronghold Digital Mining bought an entire coal power plant in Venango County, Pennsylvania over the summer to power 1,800 mining computers. This burns about 600k tons of coal a year, raising red flags among environmental advocates.
“Bitcoin’s growing e-waste problem (September 2021)”, noting that Bitcoin’s annual electronic waste generation (30.7 metric kilotons or 272g per transaction on average) is comparable to the small IT equipment waste produced by a country such as the Netherlands.
The Organization for Economic Cooperation and Development on Friday announced a global minimum corporate tax rate of 15%. This marks a huge shift for smaller economies, such as the Republic of Ireland, which have attracted international firms — to a large extent — via a lower tax rate.
The breakthrough comes after some changes were made to the original text, notably that the rate of 15% will not be increased at a later date, and that small businesses will not be hit with the new rates.
Xi Jinping vows to fulfil Taiwan ‘reunification’ wit... Xi Jinping vows to fulfil Taiwan ‘reunification’ with China by peaceful means Taiwan reiterates it is a sovereign nation after Xi says its ‘separatism’ is biggest ‘danger to national rejuvenation’
Police in Ohio forcibly pulled a paraplegic man out of his vehicle and threw him to the ground, despite his repeated appeals and him saying that he has no use of his legs, according to body-camera video released Friday.
Xi Jinping vows to fulfil Taiwan ‘reunification’ with China by peaceful means
Taiwan reiterates it is a sovereign nation after Xi says its ‘separatism’ is biggest ‘danger to national rejuvenation’