Could Bitcoin Mining Consume All The World’s Current Electricity Production By Feb 2020?

| November 24, 2017

This is as interesting as it gets! While Bitcoin Mining is only currently consuming 0.13% of the world’s electricity output, it’s growing incredibly quickly. The Bitcoin Energy Consumption Index estimates consumption has increased by 29.98% over the past month. If that growth rate were to continue, and countries did not add any new power generating capacity, Bitcoin mining would: Be greater […]

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