Thursday, 7 December 2017

Bitcoin boom may be disaster for environment

Bitcoin consumes huge amounts of power. Experts worry its rise is hurting efforts to ditch fossil fuels.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+70.57   +36.47   +7.71
24,211.48   6,812.84   2,636.98
+0.29%   +0.54%   +0.29%
YTD +22.51%   YTD +26.56%   YTD +17.78%
 
Biggest Winners
CF Industries Holdings Inc +4.57%
 
Edison International +4.44%
 
Micron Technology Inc +3.90%
 
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H & R Block Inc -5.52%
 
Range Resources Corp -3.33%
 
Newell Brands Inc -3.08%
 
Davita Inc -2.98%
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10-yr 2.38% +0.05 / +1.97%
Euro $1.18 +0.00 / +0.00%
News: What you need to know about the markets
 
 
Bitcoin boom may be disaster for environment
Bitcoin consumes huge amounts of power. Experts worry its rise is hurting efforts to ditch fossil fuels. Read more »
 
China sues Venezuela's oil company over unpaid bills
Relations between Venezuela and China, one of its biggest financial backers, are deteriorating. Read more »
 
Bitcoin was $800 a year ago. Now it's $16,000
Bitcoin's value has vaulted from less than $12,000 to more than $16,000 in under 48 hours. Read more »
 
Bitcoin: What's driving the frenzy
2017 has become the year bitcoin went big. Read more »
 
Millions of dollars may have been stolen in bitcoin hack
Hackers have carried out a heist on a leading digital currency platform, making off with an unspecific amount of bitcoin. Read more »
 
This California utility has lost more than $3.3 billion in market value from wildfires
Edison International shares have tumbled 15% since the wildfire began Monday night. Read more »
 
 
 
 
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