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Bitcoin’s insane energy consumption, explained

One estimate suggests the Bitcoin network consumes as much energy as Denmark.
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Bitcoin: A Massive Waste Of Energy

Utilities / Energy : Peak Energy

Digieconomist has a look at the massive waste of energy that Bitcoin mining represents - Bitcoin Energy Consumption Index. Bitcoin is the opposite of an energy backed currency (one of the useful forms of alternative currency propose...

How to fix Bitcoin's energy-consumption problem

Business & Finance : Mashable: Business

Bitcoin mining consumes a lot of energy. Every once in a while, someone compares this to another random metric — say, the energy consumption of Ireland — and it induces a collective gasp. How can this thing be sustainable? Well, it ...

Q&A: How is the growth of bitcoin affecting the environment?

Technology : Physorg: Technology news

The growth of bitcoin is fueling speculation and debate about the environmental impact of the collective energy needed to power the virtual currency in the era of climate change. Some questions and answers about the issue:

Bitcoin Could Consume as Much Electricity as Denmark by 2020

Technology : Vice: Motherboard

An environmental researcher modeled pessimistic and optimistic scenarios for Bitcoin’s energy consumption over the next few years.

Bitcoin mining uses more electricity per year than the country of Oman

Business & Finance : Fast Company

The global energy required by Bitcoin software that verifies Bitcoin transactions exceeds the annual energy consumption of the Arabian country, reports The Digiconimist. The publication estimates that Bitcoin mining consumes 30.14TW...

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