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How Bitcoin is eating the Earth: Computers creating ‘worthless’ cryptocurrency drive global warming

Pictured: A graph showing the amount of energy in terawatt hours (TWh) consumed by tech giants, electric vehicles and Bitcoin mining (lower, central and upper bounds). The bar second from right shows the current annual bitcoin consumption, that on March 3 was at a rate of 130.9 terawatt hours (TWh), roughly the same as New Zealand and Argentina

They Use Vastly More Electricity Than All The Internet Giants Combined

By CHRIS JEWERS

DALIYMAIL.COM FOR MAILONLINE

Powerful computers ‘mining’ for the cryptocurrency Bitcoin are driving global warming as data shows they use vastly more electricity than all the internet tech giants combined.

Bitcoin passed the $60,000 mark for the first time on Saturday, but its rocketing value again raises questions over the vast energy resources required to run machines that mine for the cryptocurrency, that some – including billionaire Warren Buffet – even consider to be worthless.

Click the link below to read the rest of this story.

https://www.dailymail.co.uk/news/article-9358737/How-cryptocurrency-uses-electricity-transaction-method.html

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