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3232Banking System Uses Significantly More Energy Than Bitcoin, Research Shows
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Mon, 17 May 2021 00:00:17 +0000https://www.digit.info/2021/05/17/banking-system-uses-significantly-more-energy-than-bitcoin-research-shows/Read more]]>A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report last week entitled “On Bitcoin’s Energy Consumption: A […]
A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy Than Bitcoin Galaxy Digital published a report last week entitled “On Bitcoin’s Energy Consumption: A […]