bitcoin energy usage

Bitcoin mining explained: How it works, how much energy it uses and what needs to be fixed

Bitcoin mining explained: How it works, how much energy it uses and what needs to be fixed

The cryptocurrency has staged a meteoric rise in 2017 that has attracted new investors, but, for many, question marks still surround bitcoin and the technology behind it. With recent reports pointing to the high energy cost associated with mining, the process used to create bitcoin, is there any way to fix it? Here are all your questions answered.