It is estimated that the network of computers that maintain the Bitcoin blockchain collectively use more power than the entire country of Switzerland or the equivalent of 2.3 million cars annually.

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Image source | Pixabay.com

There is no questioning that we as a species have entered a new age — the age of information, or big data. Human beings are creating and consuming more and more data on an annual basis. Data that is not only becoming increasingly valuable but increasingly more energy-intensive. This problem is being addressed to some degree by switching to renewable energy sources like wind and solar but to truly tackle the issue, consumption needs to be reduced through technological innovation.

Blockchain networks, in particular, have drawn criticism recently for their inefficient design and excessively high power consumption. It is estimated that the network of computers that maintain the Bitcoin blockchain collectively use more power than the entire country of Switzerland or the equivalent of 2.3 million cars annually. However, this is still minor compared to the overall amount of electricity used by the millions of computer chips that power the world’s datacentres. …


If You’re Reading This, There’s a Good Chance Facebook Libra Isn’t Meant for You

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Image source: Pixabay

Like everyone else with more than a passing interest in the tech space, I’ve been following the news about Facebook Libra with curiosity.

Since the social media giant’s announcement that its rumored new digital currency was a reality, the internet has exploded with reactions of doom and gloom.

Facebook is going to take over the world! If they create their own digital currency, they can control our lives!

Such soundbites have been the order of the day from the likes of John Harris at The Guardian, as we’re told that Facebook Libra is the last thing the world needs.

Now, I’m not going to claim that it is, or that it isn’t, but the one thing that struck me about the outpouring of condemnation and outright scaremongering in some instances was who was actually telling us that Facebook Libra is “the last thing the world…


Since the social media giant’s announcement that its rumored new digital currency was a reality, the internet has exploded with predictions of doom and gloom

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Image source: Shutterstock

Like everyone else with more than a passing interest in the tech space, I’ve been following the news about Facebook Libra with curiosity.

Since the social media giant’s announcement that its rumored new digital currency was a reality, the internet has exploded with reactions of doom and gloom.

Facebook is going to take over the world! If they create their own digital currency, they can control our lives!

Such soundbites have been the order of the day from the likes of John Harris at The Guardian, as we’re told that Facebook Libra is the last thing the world needs.

Now, I’m not going to claim that it is, or that it isn’t, but the one thing that struck me about the outpouring of condemnation and outright scaremongering in some instances was who was actually telling us that Facebook Libra is “the last thing the world…


The Secret to Being Successful Isn’t Actually a Secret, and Success Is Subjective

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I love dogs, and I love sleeping. This picture is awesome | Source: thecusp.com.au

You’ve no doubt seen those highly successful individuals who boast about waking up at 4 am every morning with a vigor for life that the rest of us can only dream about. The type of individual who, despite their carefully planned and widely successful existence still have time to stop for a few minutes and tell the rest of us how great they are via their social media accounts.


Your Facebook Legacy Contact, and Why You Need One

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Image source: Vista.today

Most of us have probably experienced the loss of a loved one in our lives, and when the unthinkable does happen, we’re most likely not thinking about their Facebook account.

But like it or not, social media is a pretty big part of the world we live in today, and when someone passes away, it’s just another aspect of their life that needs dealing with.

At the risk of sounding like one of those late-night funeral planning ads you see on TV, social media and our digital footprint, in general, is something that we should be considered alongside more traditional planning if the worst should happen. …


$10 Is the Answer, According to Hackers on the Dark Web

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Image source: Vox.com

The topic of data breaches is a big deal at the moment, with barely a few weeks passing without an incident popping up in the media.

We’ve seen reports that cyber attacks have risen by as much as five times in the financial sector, as well as dating sites being hit.

There’s one aspect of the data breach topic that is rarely discussed though.

The data of children.

I know what you’re maybe thinking, what kind of data could a child have that’s worth stealing? Is there even anything there from which a hacker could profit?

The answer is a resounding yes.


Could incentivizing employees to work for the greater social good rather than driving revenue growth be the way forward?

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I think the majority of people are accepting of the fact that most, if not all large companies determine employee bonuses using metrics that drive revenue growth.

The more valuable your actions and input are for the company, the better your bonus will be, right? That’s how it generally works.

Well, yesterday one of the tech industry’s “big five” announced that they were going to change how things are done.

Before we get into the details, it’s worth pointing out that the past year or so hasn’t been all that great for Facebook.


Maybe Changing Our Approach to Social Media Is a Better Answer Than Deleting the App Altogether?

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If you’re anything like me, you’ll have seen friends and family pop up on your news feed announcing to the world that they intend to step away from social media for a few days, few weeks, or even a month.

If I’m honest, I’ve never really seen the point of making a big song & dance out of it.

If you want to quit social media, then just do it. We don’t need a press release telling us.

Me? I’ve never actually quit social media.

That’s not to say that I haven’t revised and overhauled how I use it though. This is something I’ve done more than once, and I’ve found it to be nothing but beneficial to the value I get from the outlets I use. …


It Also Costs Under $350, Which Is One of the Reasons I’m Writing This Article

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As a writer, your laptop is your best friend.

You’ll often find yourself spending more time with your laptop than you do with your family or friends.

There will come that time, however, when you notice that your old friend isn’t responding quite as quickly anymore. They don’t wake up easily in the morning, and you find yourself giving them a nudge before you head to make coffee and some breakfast knowing that when you return 10 minutes later, they’ll just be about ready to begin their day.


Kids as Young as 13 Are Being Paid $20 per Month to Provide Access to Their Mobile Phone Data

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Image source: TheSwaddle.com

Despite being referred to as “old” by a younger member of my own family the other day, I’m still just approaching my 40’s.

That’s not old in my book, and my book is the bestseller in my life, so I’m not old. Fact.

Despite not even being close to the age where modern technology has passed me by, I still find it somewhat disconcerting that children as young as eight or nine are walking around with their own smartphones.

I tell myself that this is the world we live in.

About

David Cullinan

Blockchain, crypto & fintech writer. My work can be found on Yahoo Finance, Hacker Noon, The Irish Tech News, and Crypto Daily.

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