Bitcoin to use 0.5 per cent of world's electricity by year end
Bitcoin is dependent on computers that time-stamp transactions into an ongoing chain to prevent duplicate spending of coins. Computers in the network perform calculations continuously, competing for the chance, once every ten minutes, to be appointed ...
Bitcoin's energy use got studied, and you libertarian nerds look even worse than usual
Bitcoin to use 0.5% of world's electricity by end of 2018