How Much Energy Does Bitcoin Consume?

hbr.org

5 pointsspamalot1593 comments

> Energy Consumption Is Not Equivalent to Carbon Emissions

> Bitcoin Can Use Energy That Other Industries Can’t

> Mining Bitcoin Consumes a lot More Energy Than Using It

These are the key points, very interesting and concrete report, thanks.

I'm not sure if I agree with the second point. If Bitcoin wasn't using so much energy then energy producers would lower production.

The point is not which kind of energy bitcoin or other industries are using, but the distance from the source of the energy, it’s explained

> Almost all of the energy used worldwide must be produced relatively close to its end users — but Bitcoin has no such limitation, enabling miners to utilize power sources that are inaccessible for most other applications.

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