RE: CRYPTO ACADEMY WEEK 4 HOMEWORK POST FOR @besticofinder - INTRODUCTION TO CRYPTOCURRENCY MINNING (LESSON 4)

You are viewing a single comment's thread from:

CRYPTO ACADEMY WEEK 4 HOMEWORK POST FOR @besticofinder - INTRODUCTION TO CRYPTOCURRENCY MINNING (LESSON 4)

in hive-108451 •  4 years ago 

Hello @banghim ,
Thank you for submitting homework task 4 !

A blockchain expert, Alex de Vries said that based on his research, the current energy consumption of Bitcoin mining has reached 2.55 gigawatts. Meanwhile, by the end of 2018, he had calculated that the figure would jump to 7.67 gigawatts

Then it should be much higher than this in 2021. Looks like large amount of energy consumed for mining. It was an informative read. [7]
Thank you

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I also think like that, because with the increase in the number of miners every year, surely the energy consumed for mining will also increase.
I am happy to be able to provide useful knowledge too !!
Thank you professor