Bitcoin

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Bitcoin Mining 'Emits' More Carbon, Consumes 1752.79 KWh of Electrical Energy

Not only has the value of Bitcoins continued to soar since 2020, but also the energy that is used during "cryptocurrency mining". Recent findings suggest that a single Bitcoin transaction consumes 1752.79 kilowatts hours (KWh) of electrical energy, which is equal to the energy absorbed during 1.2 million VISA transactions. Cryptocurrency mining emits greenhouse gas that is almost equal to spending 138,762 hours on YouTube.

Fri, 16 Jul 2021 - 11:40 AM / by Manashaa Ganesan

Tags
Bitcoins
Mining sector
CO2 emission
Energy Consumption
Courtesy
Business Insider

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