Bitcoin Mining Outpaces Whole of Switzerland in Terms of Renewable Energy Adoption - BeInCrypto
A report published by the International Energy Association (IEA) has revealed that Bitcoin mining consumed as much energy as that of a medium-sized country. With the increase in hash rate and difficulty, this power consumption statistic is only set to increase in the future. However, the vast majority of energy used to mine cryptocurrencies is reportedly being acquired from renewable sources.
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