Tag Archives: money

Bitcoin Mining: Researchers find it environmentally unsustainable, threat to future energy

Taken as a share of the market price, the climate change impacts of mining the digital cryptocurrency Bitcoin is more comparable to the impacts of extracting and refining crude oil than mining gold, according to an analysis published in Scientific Reports by researchers at The University of New Mexico. The authors suggest that rather than being considered akin to ‘digital gold’, Bitcoin ...

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World Bank Provides Aid for cleaning of Ganga River

World Bank has sanctioned a loan of US $ 1 billion for funding Institutional Development and for construction of priority infrastructure projects for municipal waste water treatment and solid waste treatment on the main stem of Ganga in the five Ganga basin states of Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal. Government of India has withdrawn a cumulative amount ...

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