One year ago Bitcoin's network was consuming as much energy as Ireland. Now it has apparently doubled and now it is consuming 1% of the world's total electricity consumption.
https://digiconomist.net/bitcoin-energy-consumptionThis, in a time when the world is trying to reduce carbon footprints to avoid or slow down global warming.
Is Bitcoin sustainable as it is?
I don't think so - in fact I'm sure it is not. There is a limit to insanity.
More data here:
https://digiconomist.net/bitcoin-energy-consumptionWhat is likely to happen next? Which are your thoughts?
Of course this is a significant era that the world is more concern about green energy and low power consumption concept so as a latest invention in the financial world when Bitcoin consume more power this was discussed by many people mainly by environmental friendly organizations to point the real issue behind it and I think that is why as a solution we see many solar energy mining projects are coming in this year