Bitcoin Mining Could Use 0.5% of World’s Electricity Energy in 2018


A recently released peer-reviewed article by blockchain evangelist and financial economist Alex de Vries deployed a novel methodology to determine Bitcoin’s energy usage a few years from now, and the estimated results are certainly astonishing. Pay with Bitcoin or Power a Home? Published on May 16 on Joule,  de Vries made use of complex economic

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Posted by Shaurya Malwa on May 17, 2018 @ https://www.ccn.com/bitcoins-electricity-usage-could-power-all-of-austria-in-the-future/

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