Electricity needed to mine bitcoin is more than used by 'entire countries'

Electricity needed to mine bitcoin is more than used by 'entire countries'

3 years ago
Anonymous $rH7oE7DjRg

https://www.theguardian.com/technology/2021/feb/27/bitcoin-mining-electricity-use-environmental-impact

Bitcoin mining – the process in which a bitcoin is awarded to a computer that solves a complex series of algorithm – is a deeply energy intensive process

It’s not just the value of bitcoin that has soared in the last year – so has the huge amount of energy it consumes.

Electricity needed to mine bitcoin is more than used by 'entire countries'

Feb 27, 2021, 11:29am UTC
https://www.theguardian.com/technology/2021/feb/27/bitcoin-mining-electricity-use-environmental-impact > Bitcoin mining – the process in which a bitcoin is awarded to a computer that solves a complex series of algorithm – is a deeply energy intensive process > It’s not just the value of bitcoin that has soared in the last year – so has the huge amount of energy it consumes.