Cryptocurrencies are high energy consuming assets, and Bitcoin is expectedly the highest consumer. However, the recent research by the University of Cambridge is something bigger than most would have expected. Bitcoin consumes more electricity than the entire nation of Switzerland. As of now, the Bitcoin network consumes over 7 gigawatts per hour, which amounts to …The post New Cambridge Research Shows That Bitcoin Consumes More Power Than Entire Switzerland appeared first on CryptoNewsZ.
