Bitcoin, the Virtual Currency, Is on the Rise, but So Is Its Energy Consumption: Why?

Bitcoin technology consumes annually more than Argentina and the United Arab Emirates combined

More and more people are discovering bitcoin, the virtual currency in which you can trade without an intermediary. In the past year, the value of the virtual currency has quadrupled and records have been set. However, the success of bitcoin is also associated with huge energy consumption. Bitcoin technology consumes more than…