Tag: "energy consumption"

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At an annualized energy draw of 89 TWh (December 2021), the Bitcoin mining network uses approximately 0.05% of the total energy consumed globally, measured at 162,194 TWh (2019)

fractalflowsbot 🤖

via Twitter

Mar 14, 2022

The proposal to ban PoW protocols like #Bitcoin and in the #MiCa bill is more than just bad news. It is a thoughtless, uninspired proposal that does not reflect the realities and the future of the industry. This claim was originally posted on Twitter by @jmmognetti. No further details are available as of yet.

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