Business Magazine

Bitcoin Uses as Much Energy as Ireland

Posted on the 21 May 2018 by Eversmart

New research has revealed that the virtual currency Bitcoin now uses as much energy as the whole country of Ireland! The global network of computers involved in running Bitcoin currently consumes an estimated 2.55GW of electricity – and that figure is rising quickly. Ireland on the other hand, with its population of 4.8 million people, …


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