Dead-end bitcoin mining wastes as much energy as Switzerland’s entire hydropower generation capacity

Network latency in bitcoin mining is driving massive energy waste ‪—‬ the annual equivalent of the total generation capacity of Switzerland’s entire hydroelectric power system, scientists say. This wasted energy results from inefficiencies in the mining process and increasing competition among bitcoin miners.In a new study published May 26 in the journal PNAS Nexus, the researchers aimed to provide a theoretical model to measure patterns within the networks powering bitcoin’s distributed ledger system.But they also calculated that in 2025, around 16,000 megawatts was wasted by fruitless bitcoin mining attempts, where competing mining efforts exert massive computational power to obtain the…

The reasons to be optimistic about these Giants

It is the start of July. That means your favorite Giants players and coaches are somewhere other than the team facility, probably on vacation. The early weeks of summer are upon us, and if you cannot muster up some level of optimism about your favorite team, you are either a…

USMNT star feels ‘ready’ to play full 90 minutes — or more

SAN JOSE, Calif. — The state of Christian Pulisic’s left calf has all but disappeared as a story headed into the U.S. national team’s Round of 32 clash against Bosnia-Herzegovina. Injury aside, though, it’s been more than three months since Pulisic played a full 90 minutes. He may be asked…

Outrage as California schools forced to comply with all-gender restroom rule

California schools will be required to offer students access to at least one all-gender bathroom starting Wednesday under a new statewide mandate — a move that’s stoking anger from conservatives and concerned parents who say Sacramento is putting politics ahead of education. The requirement, which takes effect July 1, stems…

How Citi Field went from Mets fortress to season graveyard

Citi Field was where the Mets hoped to reclaim their season over the past nine games. Instead, they’ve firmly established themselves as the worst home team in the majors, falling to 6-12 in Queens with Thursday’s 5-4 loss to the Nationals that mercifully closed out the homestand. Who could have…

Jack Dorsey won’t give up on Vine 

Jack Dorsey is funding the return of Vine, now called Divine, 11 years after its demise. The new decentralized, AI-free video app launched Thursday, allowing 500,000 creators to reclaim accounts. Divine aims to be an antidote to algorithm-driven platforms, promoting “joy scrolling” and user control. Eleven years after Vine died,…

Gold IRA rules and taxes: What to know before you sign

New York Post may receive revenue from affiliate and advertising partnerships for sharing this content and/or when you make a purchase. The recent outperformance of gold has turned many skeptical investors into gold bugs. Gold has other virtues that look timeless in the eyes of investors, too. Gold has been…

Knicks defense put on clinic in Game 6 destruction of Hawks

ATLANTA — It was reminiscent of those games in a driveway when an older brother bullied his younger brother, when he’d let him dribble around a bit before swatting his shot or stealing the ball away effortlessly. That’s what the Knicks defense looked like against the Hawks as they bludgeoned…

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