17 minutes agoBitcoin bases spend more electricity than the state of Morocco and Oman
Periskopi(9 years ago)
(9 years ago)Bitcoin already resembles a mine that is increasingly expending electricity in their endless search for cryptovaulta, now looking at electricity consumption at their bases around the globe rivals Marco. The steadily increasing transaction complexity “Blockchanin” has resulted in Bitcoin entrepreneurs spending surprising sums [...]
The steadily increasing transaction complexity “blockchain” has resulted in Bitcoin entrepreneurs who spend surprising amounts of electricity on cryptovalut bases, reports “Sputnik International” Transmission Periscope.
According to “Digiconomist”, the current annual energy consumption rate for Bitcoin bases is about 31.6 TWh, which already exceeds the country's energy consumption rate of Morocco (30.7) TWh) and Oman (29.6) TWh) and accounts for about 0.14 percent of global electricity consumption.
In addition, it seems that the Bitcoin Energy Consumer Index has steadily increased in recent weeks, up from around 25.5. TWh about November 6th on 316 TWh 4 December. /Periscopi/
