Bitcoin mining uses about half the total annual electricity consumption of the UK. Most Bitcoin mining is in China. Most Ch… Jim Rickards Scoopnest

Source:

Key Topics in this News Article:

Bitcoin Blockchain China Chinese Fintech United Kingdom

News Snapshot:

Bitcoin mining uses about half the total annual electricity consumption of the UK. Most Bitcoin mining is in China. Most Chinese electricity comes from coal-fired plants. The C02 emissions are enormous. If you believe this is sustainable you really have not been paying attention.

News Timeline | Services | Contact | About | Privacy

© 2024 ChinaPulse.com. Individual news stories are copyright their respective sources. Computer algorithms generally select what is shown on ChinaPulse.com. The algorithms determine which stories, images, and videos show, and in what order. A service of Asia Media Network.