Bitcoin to consume 0.5 per cent of world's electricity by year end

The Bitcoin network - one of the most popular cryptocurrencies - currently uses almost as much power as Ireland does, and could be consuming about 0.5 per cent of the world's total electricity by the end of this year, a study has found.

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The Bitcoin network - one of the most popular cryptocurrencies - currently uses almost as much power as Ireland does, and could be consuming about 0.5 per cent of the world's total electricity by the end of this year, a study has found.