Chinese crypto firms are relocating to other nations amidst a crackdown by Chinese authorities, who are addressing concerns regarding energy usage and financial risks associated with the crypto industry. The Scotsman recently featured an article on the environmental impact of migrating crypto miners, with insights from Prof. Aggelos Kiayias. For …
NewScientist recently featured an article shedding light on the Chia cryptocurrency and its profound impact on the global supply chain of hard disk drives. Chia utilises an innovative proof-of-space (also known as proof-of-capacity) technology, aiming to surpass the energy-intensive proof-of-work system employed by Bitcoin in terms of environmental friendliness. However, …
The advent of the Bitcoin system in 2009 brought forth the promise of blockchain technology in Information Technology (IT) services. Sir Mark Walport’s report “Distributed ledger technology: beyond block chain” in early 2016 was among the first extensive governmental reports world-wide documenting the disruptive nature of this technology. Nevertheless, the …
