Banking system consumes two times more energy than Bitcoin: Research

Dato · 05-18-2021, 01:12 AM

Banking system consumes two times more energy than Bitcoin: Research

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvMDg0ZmU5OTktNDUxNi00MDVjLTg5NWQtNjkyNGU1MTEzM2M5LmpwZw==.jpg"></p><p>According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. </p>

https://cointelegraph.com/news/banking-s...searchKind Regards R

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