Bitcoin's energy problem a lesson amid tide of digitalisation: Business Extra podcast


  • English
  • Arabic

The mining of Bitcoin globally is now using enough electricity annually to power a country the equivalent size of the UAE - and consumption is growing. Can warnings over cryptocurrencies' carbon footprint challenge help us reimagine how we utilise energy resources? And amid a rising tide of digital assets, what can be learned from Bitcoin's shift to renewable energy? Host Mustafa Alrawi, assistant editor-in-chief, and co-host Kelsey Warner, future editor, discuss all this in this week's episode.

In this episode:

Bitcoin's energy consumption (0m 55s) What is Bitcoin mining? (2m 24s) Why is there a market for Bitcoin? (6m 45s) Bitcoin's role in an energy transition (8m 30s)

Central%20Bank's%20push%20for%20a%20robust%20financial%20infrastructure
%3Cul%3E%0A%3Cli%3ECBDC%20real-value%20pilot%20held%20with%20three%20partner%20institutions%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPreparing%20buy%20now%2C%20pay%20later%20regulations%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPreparing%20for%20the%202023%20launch%20of%20the%20domestic%20card%20initiative%26nbsp%3B%3C%2Fli%3E%0A%3Cli%3EPhase%20one%20of%20the%20Financial%20Infrastructure%20Transformation%20(FiT)%20completed%3C%2Fli%3E%0A%3C%2Ful%3E%0A