Bitcoin mining currently consumes more electricity than the entire country of New Zealand, according to a new report. But the cloud has a green lining: researchers determined that much of that electricity comes from renewables, indirectly subsidizing environmentally-friendly sources. The report by London-based crypto investment firm CoinShares calculated that the global Bitcoin mining industry draws 4.7GW […]The post Bitcoin Mining Consumes More Electricity Than New Zealand, Report Finds appeared first on Crypto Briefing.
