Mark Wycislik-Wilson / BetaNews - 2 years ago
  • When Bitcoin hits the headlines, it tends to be because its value is rocketing, or because there has been a token theft.
  • The energy consumption of Bitcoin has been investigated by Digiconomist, and the cost is staggering.
  • It seems that — at the moment at least — there is little scope for making Bitcoin a little greener, and certainly not carbon neutral.
  • Digitconomist says that every single Bitcoin transaction uses up 294KWh — enough to power nearly 10 average homes in the US.