Bitcoin Burns More Energy Than Ireland Because of Millenials

2018-7-13 03:20

Mining

A mainstream media assertion made recently implies that cryptocurrency is quite costly in terms of energy consumption.
Also read: Japanese Internet Giant GMO Boosts Own Bitcoin Mining Output With 7nm Rigs
Bitcoin Said to Use ‘Almost’ as Much Electricity as Ireland
Mainstream media is often preoccupied with exploring and revealing the negative effects of cryptocurrencies.
“Why does bitcoin require so much energy to make something that exists only electronically?” the Economist asks.
Bitcoin Burns at Least One Malta Less Than Ireland
It seems the Economist got it wrong in two respects.
Do you think bitcoin mining is expensive, in terms of energy consumption and other costs?

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bitcoin mining → Результатов: 126


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