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The latest Google updates in a row [EMEA recap] do Most people have heard of Bitcoin by now. Even entrepreneur Elon Musk is interested in Whatsapp Number List the new internet gold. But lately there has been a discussion about the high energy consumption of the Bitcoin network. What's the deal? In this article, I will tell you the pros and cons of the Bitcoin network. How much energy does Bitcoin consume? Exactly how much energy the Bitcoin network uses is hard to say.
This is because the Bitcoin network is spreading all over the world. You too can start Bitcoin mining tomorrow (performing transactions on the Whatsapp Number List Bitcoin network). The results of different studies are therefore also far apart. However, we can conclude that it is an awful lot anyway. The University of Cambridge has published a study showing that at the time of writing, Bitcoin accounts for between 0.50% and 0.60% of total electricity consumption.