Cambridge research reveals absurd amount of energy dedicated to Bitcoin mining

Campaigners against climate change have been shocked with a new statistic from Cambridge University researchers who have revealed that Bitcoin mining now consumes more energy than the entirety of Argentina, around 121.36 terawatt-hours a year. Bitcoin is a blockchain cryptocurrency that relies on verifications from computers within its network to maintain the integrity of transactions within the system. Computers that partake in this process are sporadically rewarded with the bitcoin currency, and this process is known as ‘mining’.

Sino-British relations collapsing live on TV

As NATO and its allies gear up for a new Cold War with China, the BBC and other corporate media outlets are ramping up their anti-Chinese bias. In the last week in particular, furore has emerged as Sino-British relations appear to have fallen further as Ofcom, the British TV regulator banned CGTN, the Chinese international State broadcaster, akin to the BBC World Service.

Capital refuses to relent as India struggles for funds

British energy company Cairn is set to become the latest in a long list of predatory institutions that drain the Indian people of their resources for profit. A long-running corporate tax case concluded that the Indian government must pay Cairn $1.2 billion in damages after it broke the 2014 UK-India bilateral investment treaty by claiming Cairn’s 10% stake in its Indian subsidiary.

Germany: CDU appoints new leader in attempt to strike balance

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Germany’s largest party, the CDU, has appointed a new leader after a year of deliberation in the midst of the coronavirus pandemic. Armin Laschet won 53% of the vote and will now hope to steer the party forward as it looks to progress past Merkel’s 18-year rule. With a leading role in the EU, Europe’s largest economy plays an important role as the relative ‘middle ground’ to increasingly polarised governments to its East and West.