Doug Hamlin

726 days ago

By July 2019, the bitcoin network will require more electricity than the entire United States currently uses. By February 2020, it will use as much electricity as the entire world does today.

Bitcoin Mining Guzzles Energy—And Its Carbon Footprint Just Keeps Growing

wired.com

This story originally appeared on Grist and is part of the Climate Desk collaboration. If you’re like me, you’ve probably been ignoring the bitcoin phenomenon for years — because it seemed too complex, far-fetched, or maybe even too libertarian.