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
EU politics
Thomas Fazi and Giacomo Bracci: Sacrificing at the Altar of the Euro
Breaking up the eurozone would be no simple task. But maintaining the single currency dooms progressive politics across the continent. Read here
Economics
Paul Romer: The Dismal Kingdom – Do Economists Have Too Much Power?
Paul Romer, Nobel winner and former World Bank chief economist, has written a fascinating book review about the influence of the economics profession: “economists opened the door to economic ideologues who lacked any commitment to […]
Austerity
Keep Talking Greece – Varoufakis reloaded: ECB profits should be used for a European Poverty Fund
The enfant terrible of euro-economics and former Greek Finance Minister Yanis Varoufakis reloaded his gun and shot: Profits from the European Central Bank should be used for a European Poverty Fund. Read here
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