Photo: Bing
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.
Tags: Bitcoins, Mining sector, CO2 emission, Energy Consumption
Courtesy: Business Insider
Photo: The Financial Express
India's Electricity Demand Reaches All-Time High With 189.6 GW On Jan 30
India on January 30 recorded its all-time high demand for electricity with registering 189.6 GW of power. It broke the recent record of 188.4 GW made on January 28. Interestingly, in FY19, the peak power demand was recorded at 168.74 GW. Moreover, the Economic Survey 2021 has also stated that the power sector has registered positive growth since September 2020. Besides, it has predicted a V-shape recovery for the sector this year as well.
Tags: Electricity sector, Power demand, India, Energy Consumption
Courtesy: livemint
