Published on May 18th, 2018 | by bitcoin0
Bloomberg Cites Bitcoin’s Undisclosed Costs
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Bitcoin is on track to use 1.8 percent of the planet’s electricity by next year, or more than today’s entire solar energy output, estimates Grist’s Eric Holthaus.
A recurring theme of Matt Levine’s newsletter (sign up here) is that blockchain enthusiasts keep reinventing wheels finance invented long ago.
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To contact the author of this story:Mark Gongloff at [email protected] To contact the editor responsible for this story:Timothy L. O’Brien at [email protected]