News Snapshot:
Bitcoin miners in China have been blamed for the cryptocurrency’s environmental impact (Getty Images) Bitcoin mining in China will exceed energy consumption of 181 countries by 2024, study warns Annual energy consumption will be at level of Italy and Saudi Arabia, according to researchers Anthony Cuthbertson @ADCuthbertson 17:17 Carbon emissions from Chinese bitcoin mines are accelerating rapidly and will soon exceed energy consumption levels of Italy and Saudi Arabia if urgent action is not taken, a new study has warned Bitcoin mining involves solving complex puzzles that require vast computing power, meaning operations are generally located in areas where electricity...
