Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa Bitcoinās ongoing meteoric price rise has received the bulk of recent press attention with a lot of discussion around whether or not itās a bubble waiting to burst. However, most the coverage has missed out one of the more interesting and unintended consequences of this price increase. That is the surge in global electricity consumption used to āmineā more Bitcoins. According to Digiconomistās Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoinās…
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