Share | RSS | Widgets | Home

[-]  06-11-18 11:54

The Next Web
It takes three times more energy to mine Bitcoin than gold
According to newly published research, mining cryptocurrency takes nearly twice as much energy than mining gold, platinum, and copper. Bitcoin on its own, needs three times as much energy to mine than compared to gold. Researchers from the Oak Ridge Institute for Science and Education in Cincinnati tracked the daily energy demand and hashrate of Bitcoin, Ethereum, Litecoin, and Monero between 1st January 2016 to 30th June 2018. The researchers then used the average daily market prices of each cr...

Read the full article on The Next Web »
Facebook TwitterGoogle+

« Back to Feedjunkie.com