Bitcoin’s energy consumption equalled that of Hungary in 2018
Bitcoin miners consumed as much as energy in 2018 as Hungary, according to Alex de Vries. The researcher at the…
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New study quantifies bitcoin’s ludicrous energy consumption
The bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. A new study…
Bitcoin energy use in Iceland set to overtake homes, says local firm
Iceland is facing an “exponential” rise in Bitcoin mining that is gobbling up power resources, a spokesman for Icelandic energy…
