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Topic Title: Mining Bitcoins uses more electricity than entire countries. Topic Summary: Created On: 12/04/2017 05:02 PM |
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- WG | - 12/04/2017 05:02 PM |
- RegularJoe | - 12/05/2017 09:21 PM |
- WG | - 12/06/2017 07:02 AM |
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12/04/2017 05:02 PM
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"Over at Digiconomist, a Bitcoin blog and analysis site, owner Alex de Vries reported last week that the Bitcoin Energy Consumption Index, an measure of the energy used to mine the digital currency every year, reached 30.59 terawatt-hours. This still leaves out electricity used by other parts of the Bitcoin pipeline, like ATMs, de Vries told me in an email."
Bitcoin's price spike is driving an extraordinary surge in energy use. ------------------------- "The truth is incontrovertible. malice may attack it, ignorance may deride it, but in the end, there it is." -Sir Winston Churchill |
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12/05/2017 09:21 PM
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Interesting link there!
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12/06/2017 07:02 AM
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I wonder if he'll take bitcoin for that Mayo?
correct link https://arstechnica.com/tech-p...consumption-explained/ ------------------------- "The truth is incontrovertible. malice may attack it, ignorance may deride it, but in the end, there it is." -Sir Winston Churchill |
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