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Title: [18-05-2018]New Study Estimates Bitcoin Could Consume 7.7 gigawatts Post by: bitzamp.com on May 18, 2018, 03:04:16 PM New Study Estimates Bitcoin Could Consume 7.7 gigawatts Before the End of 2018
The Bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. Energy consumption required to mine Bitcoin may soon become too expensive for cryptocurrency mining to become profitable. A new study estimates that cryptocurrency mining can consume as much as 2.6GW of power, almost as much electric power as Read More: https://news.bitzamp.com/new-study-estimates-bitcoin-is-going-to-consume-much-electricity-before-the-end-of-2018/ (https://news.bitzamp.com/new-study-estimates-bitcoin-is-going-to-consume-much-electricity-before-the-end-of-2018/) |