Lens1000
VIP Contributor
To maintain a balance of the ecosystem, a greener energy will help reduce the depletion of the ozone layer and will help maintain a natural balance of the worlds ecological system
The power deployed in mining the bitcoin is a thing that should raise concern. A recent studies showed that the all the bitcoin mining rig uses 50% of the energy used in the whole world.
The researchers claimed that bitcoin mining used 110 terrawatts/year while the total energy consumed in the whole world is 220terrawatt/ year
This is the reason why the SpaceX billionaire, Elon Musk called for the use of a more environmental friendly energy in the bitcoin mining farms.
Why do you think that the bitcoin mining consume a lot of energy? Or was it as a result of a technological defect?
The power deployed in mining the bitcoin is a thing that should raise concern. A recent studies showed that the all the bitcoin mining rig uses 50% of the energy used in the whole world.
The researchers claimed that bitcoin mining used 110 terrawatts/year while the total energy consumed in the whole world is 220terrawatt/ year
This is the reason why the SpaceX billionaire, Elon Musk called for the use of a more environmental friendly energy in the bitcoin mining farms.
Why do you think that the bitcoin mining consume a lot of energy? Or was it as a result of a technological defect?