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7GW bitcoin consumption per hour worldwide

How much electricity will bitcoin mining actually consume around the world

I came across a number of articles that quantify the energy intensity of bitcoin mining and its global environmental burden on the planet. After clicking on the first links in Google, I was struck by the apocalyptic touch of articles demonizing the enormous waste of energy resources. Apart from emotional negativism, these articles generally had a common denominator in the absence of numbers and calculations. Let's become "University Researchers" for a while […]

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