The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of Power

The Bitcoin Network Now Consumes 7 Nuclear Plants Worth of PowerThe SHA256 hashrate that secures the Bitcoin network has grown massively during the last few years, as Bitcoin’s processing power has touched all-time highs in 2020. Moreover, the gigawatts of electrical consumption powering industrial bitcoin mining today consumes as much as seven nuclear power plants. Bitcoin mining is a process where groups of miners compete […]

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