How Does Bit Coin Affect the Environment?


The skyrocketing value of Bitcoin is leading to soaring energy consumption. According to one widely cited website that tracks the subject, the Bitcoin network is consuming power at an annual rate of 32TWh—about as much as Denmark. By the site's calculations, each Bitcoin transaction consumes 250kWh, enough to power homes for nine days. For entire article, click on image (above).

#bitcoin #environment #energyconsumption #bitcoinnetwork #bitcointransactions

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