Tag Archives: money

The growing influence of effective altruism

The growing influence of effective altruism

Within effective altruism’s framework, selecting one’s career is just as important as choosing where to make donations. EA defines a professional “fit” by whether a candidate has comparative advantages like exceptional intelligence or an entrepreneurial drive, and if an effective altruist qualifies for a high-paying path, the ethos encourages “earning to give,” or dedicating one’s […]

How Bitcoin mining devastated this New York town

How Bitcoin mining devastated this New York town

Economist Matteo Benetton, a coauthor of the paper and a professor at the Hass School of Business at the University of California, Berkeley, says that crypto mining can depress local economies. In places with fixed electricity supplies, operations suck up grid capacity, potentially leading to supply shortages, rationing, and blackouts. Even in places with ample […]