Inhabitat

Inhabitat
Here’s how much land area we’d need to power Bitcoin with solar
December 14, 2017
By Lacy Cooke

"Bitcoin isn’t exactly environmentally friendly right now. The Bitcoin network is largely powered by coal plants in China, according to Digiconomist. Bitcoin transactions in total emit as much carbon dioxide and greenhouse gases as some of the biggest coal-fired power plants in the world, according to LAGI. The Bitcoin network consumes more energy than many countries do. Digiconomist said Bitcoin could power 3,029,126 American households, and the country closest to Bitcoin when it comes to electricity consumption is Denmark." Read More >