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Saturday, December 2, 2017

How much energy does bitcoin mining really use? It's complicated

This being bitcoin, the numbers are confusing and largely made up. Power consumption is one of the major costs of bitcoin mining, as dedicated machines crunch the algorithms that build a record of every single bitcoin transaction and are rewarded with tiny fractions of a bitcoin for their efforts. As mining ...

from Google Alert - Bitcoin http://ift.tt/2khxQED

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