Friday, 28 May 2021

Inside Bitcoin's Energy Consumption Problem


Tech Vision Channel on Youtube has the Bitcoin story. See what is going on with the hordes of crypto fanatics, Elon Musk, environmental cost of Bitcoin. 

"Cryptocurrency is a good idea on many levels," read a statement shared on the Elon Musk Twitter feed.

"We believe it has a promising future - but this cannot come at great cost to the environment."

How bad exactly is Bitcoin for the planet? And does Musk’s radical U-turn mark the beginning of the end for the crypto revolution? Take a look at the energy consumption of Bitcoin.

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