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Submission + - Bitcoin Could End Up Using More Power Than Electric Cars (bloomberg.com) 1

LynnwoodRooster writes: Bitcoin mining is a highly power intensive activity, and the computational (and thus power) requirements are exponential over time. According to Morgan Stanley analysts, "Miners of bitcoin and other cryptocurrencies could require up to 140 terawatt-hours of electricity in 2018, about 0.6 percent of the global total... That’s more than expected power demand from electric vehicles in 2025."
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Bitcoin Could End Up Using More Power Than Electric Cars

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