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Bitcoin’s dirty secrets: With rise in value, surge in energy use has reached alarming levels, says report

Updated : March 23, 2021 08:59 PM IST

Cryptocurrency accounts for 0.4 percent of global energy consumption, states Bank of America report
The network of computers that power Bitcoin use energy equivalent to that of many developed countries
Bitcoin’s dirty secrets: With rise in value, surge in energy use has reached alarming levels, says report
Published : March 23, 2021 06:35 PM IST

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