Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Zeropointenergy
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University!

% of readers think this story is Fact. Add your two cents.



Bitcoin uses more electricity annually than the whole of Argentina, analysis by Cambridge University!  

Power Bills To The Moon”: ChaosShock As Electricity …

https://infiniteunknown.net/2021/02/13/power-bills-to-the-moon-chaos…

1 day ago · “Power Bills To The Moon”: Chaos, Shock As Electricity Prices Across US Explode February 13, 2021 by Infinite “Power Bills To The Moon”: Chaos, Shock As Electricity Prices Across US Explode  

Mining” for the cryptocurrency is power-hungry, involving heavy computer calculations to verify transactions.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 1 comment
    • HfjNUlYZ

      I think that cryptocurrency has to come up with a more efficient sort of block chain scheme in terms of the concept of the code and its logical working. Unfortunately they have to mine the ledger from the very first transaction in time forwards to today’s transactions, over and over again everyday, always starting back at the beginning of time, which in examination does not have to be done if viewed right. But that is how it all began and others use this same sort of model for their block chains but there are some variations. At some point the mining of Bitcoin will become so difficult and slow no one knows what will happen then. And if technology can not keep up in terms of hardware that can mine the block chain fast enough as it grows then a crunch point will be reached and who knows what will happen. Bitcoin will be the first to reach that point so whatever happens then will show us the future of other cryptocurrency. I study crypto mining and am interested in trying it myself, and so understand the issues with the size and difficulty of mining the Bitcoin block chain versus the present speed of the technology used in the data mining hardware. Bitcoin at present is the hardest to mine and yes due to all of the mining hardware it consumes allot of electrical power, and so cryptocurrency is not what we would call the greenest concept.

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.