Bitcoin’s price surge has made mining lucrative, but it uses an extraordinary amount of energy

Bitcoin’s price surge has made mining lucrative, but it uses an extraordinary amount of energy

7 years ago
Anonymous $1bh8zaeyQS

https://www.vox.com/energy-and-environment/2017/12/2/16724786/bitcoin-mining-energy-electricity

Mining Bitcoins uses more electricity than entire countries.

As the value of Bitcoin reached a new high this week, we also learned that mining the cryptocurrency soaks up more energy than 159 individual countries, according to one controversial estimate.

Bitcoin’s price surge has made mining lucrative, but it uses an extraordinary amount of energy

Dec 2, 2017, 1:13pm UTC
https://www.vox.com/energy-and-environment/2017/12/2/16724786/bitcoin-mining-energy-electricity >Mining Bitcoins uses more electricity than entire countries. >As the value of Bitcoin reached a new high this week, we also learned that mining the cryptocurrency soaks up more energy than 159 individual countries, according to one controversial estimate.