Bitcoin Is Using Half The Electricity As Your Bank And There Is 19X More Lost In Transmission Yearly - World News

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    Monday, May 17, 2021

    Home Tech Bitcoin Is Using Half The Electricity As Your Bank And There Is 19X More Lost In Transmission Yearly

    Bitcoin Is Using Half The Electricity As Your Bank And There Is 19X More Lost In Transmission Yearly

    The numbers by Galaxy Digital say banking systems consume 263.72 TWh/yr of power while gold mining uses 240.61 TWh/yr. The Bitcoin network uses 113.89 TWh/yr of electricity.

    from Top Tech News- News18.com https://ift.tt/2RpVyPT
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