CRYPTOCURRENCY NEWS PORTAL

ChatGPT’s Environmental Impact Ignored By Climate Warriors  | ZeroHedge

Climate alarmists have waged war on energy-intensive cryptocurrency mining operations but have yet to denounce large language models (LLMs) like Microsoft-backed OpenAI's ChatGPT that use 16 ounces of fresh water every time a user asks it a series of questions. 

Microsoft revealed in its latest environmental report that its global water consumption surged 34% from 2021-22 (to nearly 1.7 billion gallons), a massive increase versus the previous years primarily due to artificial (more…)

Continue ReadingChatGPT’s Environmental Impact Ignored By Climate Warriors  | ZeroHedge

IRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ Of Potential Fraud Claims | ZeroHedge

Authored by Naveen Athrappully via The Epoch Times (emphasis ours),

The Internal Revenue Service (IRS) has announced pausing a small-business tax credit program from the pandemic era for the remainder of the year following worries that ineligible claims are being filed.

The Employee Retention Credit (ERC) was instituted during the COVID-19 pandemic to encourage small businesses to retain their employees on payroll. It offered a refundable tax credit for businesses that (more…)

Continue ReadingIRS Halts Pandemic-Era Small-Business Tax Break Following ‘Flood’ Of Potential Fraud Claims | ZeroHedge

They Welcomed Illegal Immigrants With Open Arms, Now Sanctuary Cities Say They’re Past ‘Breaking Point’ | ZeroHedge

Authored by Katie Spence via The Epoch Times (emphasis ours),

Mayors from New York, Chicago, and other large cities are struggling with resources, blaming Texas, as illegal immigrants move in en masse.

New York Mayor Eric Adams addresses the media at a rally in support of asylum seekers in New York City on Aug. 15, 2023. (Spencer Platt/Getty Images)

Prior to being elected mayor of New York City in 2021, Eric Adams' campaign posted on Twitter, now known as X, "We should protect our immigrants. Period. Yes, New York City will remain a sanctuary city under an Adams administration."

Less than two years later, now-mayor Adams is suggesting the influx of illegal immigrants will "destroy New York City."

"Let me tell you something, New Yorkers. Never in my life have I had a problem that I did not see an ending to. I don't see an ending to this. … This issue will destroy New York City," Mr. Adams said on Sep. 6, during a town hall meeting on the Upper West Side. "We're getting 10,000 migrants a month."

Texas Gov. Greg Abbott (more…)

Continue ReadingThey Welcomed Illegal Immigrants With Open Arms, Now Sanctuary Cities Say They’re Past ‘Breaking Point’ | ZeroHedge