Forum Topics Is Bitcoin unsustainable?
Rick
Added 5 years ago

Did you know that Bitcoin is the 29th largest user of energy on the planet? It uses 0.59% of the total energy used worldwide and its energy consumption has jumped 80% since the beginning of 2020. It uses more energy than Argentina's entire electricity grid, and not far behind Australia's main grid.  Bill Gates says Bitcoin uses more electricity than any other transaction known to mankind. Some experts say the energy use doesn't matter as long as it comes from green sources. Currently only 28% comes from green sources. It would seem that Bitcoin's energy use makes it a major contributor to climate change. Its future as a currency doesn't sound very sustainable to me.

here is the Business Insider story

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