New study quantifies bitcoin’s ludicrous energy consumption
In Summary : The bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. A new study...
https://updatesinfosec.blogspot.com/2018/05/new-study-quantifies-bitcoins-ludicrous.html
In Summary :
The bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. A new study estimates that this process consumes at least 2.6GW of power—almost as much electric power as Ireland consumes. This figure could rise to 7.7GW before the end of 2018—accounting for almost half a percent of the world's electricity consumption.[...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1310233
The bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. A new study estimates that this process consumes at least 2.6GW of power—almost as much electric power as Ireland consumes. This figure could rise to 7.7GW before the end of 2018—accounting for almost half a percent of the world's electricity consumption.[...]
kindly refer the following link as follow up :
https://arstechnica.com/?p=1310233
