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Topic Title: Mining Bitcoins uses more electricity than entire countries.
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Created On: 12/04/2017 05:02 PM
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 12/04/2017 05:02 PM
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WG

Posts: 34718
Joined: 03/10/2005

"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.


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Lordy, there are tapes.
 12/05/2017 09:21 PM
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RegularJoe

Posts: 3121
Joined: 11/20/2011

Interesting link there!
 12/06/2017 07:02 AM
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WG

Posts: 34718
Joined: 03/10/2005

I wonder if he'll take bitcoin for that Mayo?

correct link

https://arstechnica.com/tech-p...consumption-explained/




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Lordy, there are tapes.
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