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March 31, 2016 10:24 am PDT

Projection: by 2020, Bitcoin transactions could consume as much power as Denmark

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The numbers are very back-of-the-envelope and assume a worst case (that is, widespread adoption of Bitcoin and not much improvement in Bitcoin mining activity; along with long replacement cycles for older, less efficient mining rigs), but even the best case has Bitcoin consuming a shocking amount of electricity. (more…)


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/oShTkQ2_i1M/projection-by-2020-bitcoin-t.html

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