Network’s estimated power use also exceeds that of 19 other European countries, consuming more than five times output of continent’s largest windfarm
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The Guardian: Bitcoin mining consumes more electricity a year than Ireland
Economics
Bill Mitchell: Germany is in deep trouble and requires a major shift in policy strategy
The reality is that the German model that they took into the Eurozone is now unsustainable. It is a case of the past hubris catching up with Germany. Read Here
Geopolitics
The Electronic Intifada: “Neutral” Switzerland cancels UN conference after Israeli pressure
Switzerland abruptly canceled a conference it was mandated to hold by the United Nations General Assembly on the rights of Palestinians under Israeli military occupation. The move this week came after pressure from Israel and […]
Economics
Bill Mitchell: Has global trade peaked?
“I doubt, however, we have reached peak trade. There is massive potential in the poorer nations. Whether that will be realised is yet to be determined. And what impact climate change will have on the […]
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