Zondits

Emerging Technology, Markets & Business, Markets & Trends

Three Ways Blockchain Can Save Energy

9 Nov , 2018  

How can blockchain save energy? Here are three possible ways. Written by Ethan Rogers, aceee.org, October 16, 2018. Blockchain is generating a lot of buzz as a promising system to verify and track peer-to-peer transactions in the energy sector. It could have multiple applications although there is still debate about which, if any, will work […]

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Emerging Technology, Industrial Technology, Process

The Growing Energy Demand of Bitcoin

23 Jan , 2018  

Bitcoin

Ryan Pollin, ERS, for Zondits There are lots of things we can say about Bitcoin, and its underlying blockchain technology. Given the cryptocoin’s recent explosion in value (real or perceived), a commensurate explosion in “mining” has caused startling growth in energy demand in data centers. Bitcoin’s blockchain technology uses a proof-of-work model to establish trust […]

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