• ino ino Ads by Toktok9ja
  • Balvinciglobal Balvinciglobal
  • Murya-Magazine-Banner Murya-Magazine-Banner

TOKTOK9JA MEDIA

Gossip-Entertainment-News-Music-Videos

CRYPTO ENERGY CONSUMPTION OVERTAKES (INFOGRAPHIC)

Bitcoin Konzept - die neue Weltwährung

One of the most appeal­ing sides of cryp­tocur­ren­cies is the option to acquire them for free. Unlike any oth­er cur­ren­cy, you can get Bit­coins and oth­er alt­coins through the process of “min­ing”. In the begin­ning, cryp­to-min­ing was the pri­ma­ry way of acquir­ing any cryp­tocur­ren­cy. But now, the major­i­ty of peo­ple get them through cryp­to exchanges.

Don’t get us wrong; min­ing has nev­er been more pop­u­lar. How­ev­er, because the return on invest­ment (ROI) has got­ten a lot small­er, small-scale min­ing has become obso­lete. This is main­ly because elec­tric­i­ty con­sump­tion has increased, and the amount that one rig can mine has decreased. Today, mas­sive cryp­to-min­ing net­works do most of the min­ing.

These facil­i­ties take up huge spaces, most­ly in aban­doned fac­to­ries. Addi­tion­al­ly, they suck up so much pow­er that some esti­mates say that cryp­to-min­ing has sur­passed 159 coun­tries when it comes to the ener­gy con­sump­tion. Some of the coun­tries on the list include – Bel­gium, Fin­land, Switzer­land, New Zealand, and many oth­er ones. Even though the use is rel­a­tive­ly low when com­pared to biggest nations like the USA and Chi­na, it’s still alarm­ing, espe­cial­ly when you con­sid­er that cryp­to has been around for less than a decade.

If you are inter­est­ed in read­ing more fas­ci­nat­ing stats about the ener­gy con­sump­tion of cryp­to-min­ing as well as what is the solu­tion, check out this BTXchange.io info­graph­ic. Enjoy.

Crypto Energy Consumption Overtakes (Infographic)

Cryp­to Ener­gy Con­sump­tion Over­takes (Info­graph­ic)

Leave a Reply

Your email address will not be published. Required fields are marked *