Current Bitcoin Price

Sunday, February 25, 2018

Bitcoin is an energy consuming monster

Currently, the power consumption of Bitcoin is estimated at 51.09 TWh. That's 51 million kWh. This represents 61% of Belgium's electricity consumption in 2016 and 0.23% of world consumption. Compared with current banking systems, a Bitcoin transaction consumes as much as 450,000 visa ...

from Google Alert - Bitcoin http://ift.tt/2GIQhI4

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