Has anyone done any serious studies on electricity consumption due to cryptocurrency related activities like mining? Possibly with comparison between different currencies and feasibility of maintaining such consumption? Is there an argument to be made for or against them in the context of global warming?
Actually mining in altcoin is about equal to the bitcoin mining . In case of altcoin mining we have another chances of making some profit . Because as the altcoin mining earning is constant in the average time of mining but there remain still another chance if increase the price , if the price of altcoin increases then it may be result into the 100-200% profit in the single time ( which is not possible in case of bitcoin ).
So trend of altcoin increasing day by day due to the reason above .And in my opinion it depends upon the mining hardware that how much electricity is consumed by him , So here I will prefer for the altcoin mining instead of bitcoin .