August 28, 2018

Banks consume over three times more energy than Bitcoin, according to researcher

Bitcoin’s network energy consumption has become somewhat of a hot topic as the cryptocurrency grows in popularity. A clean energy researcher, however, says that naysayers are missing critical factors when making their claims.

Having the wrong conversation
According to Katrina Kelly-Pitou, the popular debate on whether or not Bitcoin’s 00 network electricity consumption is causing serious damage to our climate is not headed in the right direction. Kelly-Pitou is a clean energy technology researcher at the University of Pittsburg, Read more.

Bitcoinist

Related,
Stop worrying about how much energy bitcoin uses - Conversation

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