Electricity use is one of the common complaints people have when talking about Bitcoin adoption and mining.
So, how much energy have we been using to mine Bitcoin?
More than you might’ve guessed.
The world is changing.
I know several people that are getting more into mining as cryptocurrency continues to grow in popularity (despite the downturn).
While this amount of energy usage is startling – and bad for the environment – there are many ways to reduce the consumption of electricity by cryptocurrencies.
On the other hand, this might be an interesting alternative data source that gives us a different perspective about the ongoing popularity and commitment people have towards a currency.
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