Tag: The North State Journal

In order to earn Bitcoin, people use specialized computers to solve complex system-generated math puzzles. Jeremy Hinsdale, writing for Columbia University’s State of the Planet, calls this crypto’s “dirty little secret.” To the environmentalists’ horror, the computers competing to earn Bitcoin and other currencies consume as much electricity as entire countries like Argentina and Thailand. […]

Retirement giant Fidelity said Tuesday that it’s launched a way for workers to put some of their 401 savings and contributions directly in bitcoin, potentially up to 20%, all from the account’s main menu of investment options. government last month warned the retirement industry to exercise “extreme care” when doing something like this, highlighting how […]