Coinmonks
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Coinmonks

Why Bitcoin’s energy consumption is necessary

In recent months Bitcoin is increasingly being criticized for the huge amount of energy the protocol needs to operate and mine the cryptocurrency.

Photo by Federico Beccari on Unsplash

According to Cambridge researchers, the Bitcoin protocol consumes roughly 120 thousand Terawatt hours per year, as much as Argentina or the…

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Gianmarco Guazzo

Gianmarco Guazzo

Bitcoin & Ethereum Enthusiast, IT student & Blockchain Developer. I publish 2 articles every week with the best news and tutorial from this world!