Post
Topic
Board Bitcoin Discussion
Re: Bitcoin effects on the environment .....
by
HappyDevil
on 30/01/2018, 05:06:46 UTC
Does Bitcoin indirectly become a threat to the environment?
bitco
Bitcoin diggers like this consume a lot of power each month, and even higher than many countries in the world.
 
Unlike "real" currencies such as the US dollar or the British pound, "virtual" money is not issued, as is the bank. Instead, they are "dug" from the computer through an algorithmic process, and this process requires enormous amounts of power, maintained 24/7.
CNN wrote an article quoting meteorologist Eric Holthaus as saying, "Bitcoin is slowing our efforts to convert natural fuels into clean energy." Digiconomists also reported that Bitcoins currently consume an average of 32TW of electricity per year (equivalent to 32 billion kilowatts of electricity), and that is enough to supply more than 3 million homes in the United States. .