Coinnounce
2020-09-12 12:45:50

Energy consumption by bitcoin is now comparable to the Czech Republic.

Bitcoin’s estimated energy consumption and environmental impact has increased quite significantly. The energy consumption grew due to the heavy power demands of mining rigs until May’s halving event, at which point it fell off a cliff as mining rewards were slashed in half. However, not too long those estimates started ticking upwards again, and this […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer