E57 S2 - Energy Trapped in Cyber Space
Energy Trapped in Cyber Space One of the biggest arguments brought up in the crypto debate is climate change and renewable energy. This mindset seems to be shifting though, with studies showing 55% of the Bitcoin network being powered by renewable energy. What does a green future entail for cryptocurrencies? The Kardashev Scale The Kardashev scale is a method of measuring a civilization's level of technological advancement based on the amount of energy it can harness and use. FED CPI Announcement The Consumer Price Index in the US hit 9.1%. Prices in the US are rising at their fastest rate for more than 40 years. There had been hope that a shift in spending from goods to services would help cool inflation, but high competition for workers has led to higher wages, which has fuelled further price rises. Market Update Kevin and Ben take you through the latest crypto market reactions to the current macro-economic backdrop, the recent CPI announcement in the US and the events currently happening in Sri Lanka What we cover in this episode What is the Kardashev Scale? Bitcoin and Renewable Energy FED CPI announcement Market Updates Recent Kadena Episodes Ways to connect with Cryptopulse Twitter: https://twitter.com/crypto_pulse Instagram: https://www.instagram.com/crypto_pulse LinkedIn: https://www.linkedin.com/company/cryptopulse Website: http://www.cryptopulse.co.uk Ways to connect with Kevin and Ben Kevin Twitter: https://twitter.com/KevinBasham Ben Twitter: https://twitter.com/bdrsquared Thanks for listening and don’t forget to subscribe so you can be notified when we release a new episode. About Cryptopulse Downloaded & listened to in over 140 countries. Cryptopulse is here to guide you through the crypto universe with thought-provoking topics, in-depth knowledge & information to help you make informed decisions.