Bitcoin’s Energy Consumption Equalled That of Hungary in 2018

NewsBTC Thu, 14 Mar 2019

Bitcoin miners consumed as much as energy in 2018 as Hungary, according to Alex de Vries. The researcher at the Netherlands’ PricewaterhouseCoopers (PwC) branch studied bitcoin’s global energy consumption all across the year. He found that existing hydropower projects were not sufficient in sustaining the cryptocurrency mining operations, adding that the bitcoin network demanded as... The post Bitcoin’s Energy Consumption Equalled That of Hungary in 2018 appeared first on NewsBTC.