Tag: Energy Consumption

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Bitcoin Mining

Bitcoin Mining Surges, Leading to Heavy Increases in Energy Use

As the price of bitcoin continues to surge this week, new arguments are emerging regarding the incredible amounts of energy bitcoin mining requires. Bitcoin Mining...
Bitcoin Mining

Bitcoin: A Bigger Energy Eater Than Switzerland?

At press time, the granddaddy of all crypto, bitcoin, is trading for just shy of $11,900. The asset is now trading for about $1,500...
Bitcoin Mining

Bitcoin Mining Uses a Lot of Energy, But Gold Mining Uses 20x More

The production of Bitcoin through mining is an energy-intensive process - a fact which many critics are quick to point out. Compared to mining...

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