Does Bitcoin consume to much energy? that's the question that keeps popping up every time BTC prices go lunar.
Is Bitcoin really an energy hog? how does it compare to the traditional financial system.
It does. If you do bitcoin mining, then it consumes a huge part of your electricity bill. It needs to run for 24 hours and that's not a joke. You are investing your time and money here as well. It is like an investment but the difference is you are producing the output itself.