Re: Bitcoin could consume as much electricity as Denmark by 2020
Very interesting study.
This network of so-called bitcoin miners ensures the security of the system, but unfortunately also consumes a lot of electricitycurrently about 350 megawatts according to my own calculations, which is roughly equivalent to the electricity demand of 280,000 American households.
This network of so-called bitcoin miners ensures the security of the system, but unfortunately also consumes a lot of electricitycurrently about 350 megawatts according to my own calculations, which is roughly equivalent to the electricity demand of 280,000 American households.