Friday, December 15, 2017

Coal Is Fueling Bitcoin’s Meteoric Rise - Bloomberg

Coal Is Fueling Bitcoin’s Meteoric Rise - Bloomberg



another side of bitcoin



"...The global industry’s power use already may equal 3 million U.S. homes, topping the individual consumption of 159 countries, according to the Digiconomist Bitcoin Energy Consumption Index. As more bitcoin is created, the difficulty rate of token-generating calculations increases, as does the need for electricity.

“This has become a dirty thing to produce,..."

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