Building on our recent work on the enormous electric power consumption for mining Bitcoin, this time our team at BestBrokers focused on the energy consumption footprint of Bitcoin transactions. Calculating the exact amount of electric power consumed with every Bitcoin transaction is not a straightforward task. Technically speaking, the entire Blockchain is running solely for […]
Category: Reports
On the back of the artificial intelligence buzz of the past few months, some tech companies made a furore on the stock market this year. Shares of the chip maker Nvidia surged on June 20, helping the company overtake Microsoft and Apple as the world’s most valuable listed company. This success was short-lived as the […]
Once the ultimate badge of startup glory, the ‘unicorn’ club – privately held companies worth over $1 billion – isn’t growing as fast as it used to. The heady days of 2021 and 2022, when venture capital money flowed freely and valuations soared, have given way to a more restrained reality. By 2025, investors have […]
Today’s homebuyers might find it hard to believe that back in the late 1960s a house in the United Kingdom could cost less than £4,000. Yet, for the Silent Generation (born between 1928 and 1945) and the Baby Boomers (1946-1964), this was simply a fact of life. To understand how housing affordability has changed since […]
Over the past few years, the inflated prices of everything from gas to food and housing have been taking a toll on Americans. As consumers are becoming increasingly price-sensitive and trying to optimize their budgets, hidden taxes slowly add to their expenses, often without their knowledge. While additional charges for certain services are easy to […]
The eccentricity of meme tokens has not prevented them from making waves in the crypto markets over the past few years. 2024 saw a resurgence in these highly speculative assets driven by the remarkable Bitcoin gains, increased institutional adoption, and markets’ optimism for regulatory changes in the United States. The buzz surrounding Donald Trump’s victory […]
Ever since the first Bitcoin block reward halving happened on 12 November 2012, these fundamental events, occurring approximately every 4 years, have marked the beginning of bull market cycles for the original cryptocurrency. This year the fourth halving happened in April, however now there was another huge factor into play – namely the spot Bitcoin […]
Americans have been losing billions of dollars to scams for decades but with the wider use of social media and technologies such as AI, schemes are now more sophisticated than ever. Impersonations, phishing scams, scam calls or deep fakes, fraudsters are becoming more and more creative in their ways to make unsuspecting victims believe anything […]
With crypto prices exploding since January, more and more mining facilities are entering the game, as the global mining hashrate increased by 20% in 2024 alone. This amounts to an enormous investment in specialized ASIC miners, but the required hardware is not the only major cost when it comes to crypto mining. The halving of […]
A report from the Global Financial Literacy Excellence Center (GFLEC) shines a spotlight on a worrying trend: Gen Z continues to lag behind older generations when it comes to financial know-how. Across every key area, from budgeting to investing, this youngest cohort consistently scores lower. Part of the answer might lie in where Gen Z […]