Bitcoin uses more electricity than Portugal

in News · 10-07-2019 16:05:00 · 1 Comments
Bitcoin uses more electricity than Portugal

Bitcoin uses more energy than the whole of Portugal, a new online tool from the University of Cambridge shows.

The tool makes it easier to see how the crypto-currency network's energy usage compares with other entities.

Currently, the tool estimates that Bitcoin is using around seven gigawatts of electricity, equal to 0.21 percent of the world's supply. That is as much power as would be generated by seven nuclear power plants at once


Comments:

Does that include all the cooling etc of buildings housing the bitcoin machines , and all the internet installations used to access them .
Bitcoin is far from ecological as most electricity is generated from fossil fuel in the world .

by Paul R from Other on 11-07-2019 02:24:00
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