Is the Bitcoin Network Becoming Unsustainable?
The electricity used to power the Bitcoin network is enough to power the Czech Republic more than once over.
New figures by a PwC researcher have shown that the Bitcoin network uses more electricity to keep it running than the Czech Republic, a European country with a population of over 10.5 million people.
The process of Bitcoin “mining” uses 77.78 TerraWatt hours per year. Mining is the…
