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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: 35383
Joined Forum: 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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"The truth is incontrovertible.
Malice may attack it,
ignorance may deride it,
but in the end,
there it is."
WC
 12/05/2017 09:21 PM
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RegularJoe

Posts: 3249
Joined Forum: 11/20/2011

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

Posts: 35383
Joined Forum: 03/10/2005

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."
WC
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