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7 GW – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 25 Aug 2020 02:00:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png 7 GW – DIGIT INFO https://www.digit.info 32 32 The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power https://www.digit.info/the-bitcoin-network-now-consumes-7-nuclear-plants-worth-of-power/ Tue, 25 Aug 2020 02:00:31 +0000 https://www.digit.info/2020/08/25/the-bitcoin-network-now-consumes-7-nuclear-plants-worth-of-power/ Read more]]>

The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of PowerThe SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear power plants. Bitcoin mining is a process where groups of miners compete […]

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