Cambridge University researchers found that the energy used to mine bitcoins worldwide is 121.36 terawatt per hour. And it is not likely to go down if the value of the cryptocurrency continues to rise.
Including the latest events at Tesla The world’s largest electric vehicle company announces $ 1.5 billion investment in bitcoin. Which has been heavily criticized Because it is against the company’s environmental image
Last week (Feb. 12) Bitcoin’s value hit a record high of US $ 48,000. After the announcement of such investment by the car giant
But that increase in value makes Bitcoin miners want to increase their mining power. Including increasing the number of machines Which uses tremendous electrical energy
According to the University of Cambridge Electricity Index found that The amount of electricity used to mine bitcoins is greater than that of Argentina throughout the country. Which has a population of about 45 million people
Bitcoin mining support claims that “Nowadays, the hardware is more powerful. That means less electricity is used for Blockchain transactions. ”
And the other party countered that “More efficient hardware has no effect on electric power. Because they still have to compete with other miners To get bitcoins Ready to call for a carbon tax on digital currencies To balance the excessive mining of bitcoins. “
The origin
