Bitcoin now uses as much energy as Ireland and could match Austria by end of 2018

John Leonard
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Bitcoin is wasteful by design
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Bitcoin is wasteful by design

Electricity consumption doubled in the last six months with the trajectory likely to continue, says PwC economist

The global Bitcoin network currently consumes at least 2.55 gigawatts of electricity, a figure that has roughly doubled in the last 6 months, and new research suggests that this figure could triple...

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