Questions tagged [energy use]

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KpopHarmonySoulMateRadiance KpopHarmonySoulMateRadiance Sun Jul 07 2024 | 6 answers 1315

How much energy does bitcoin use?

Inquiring minds want to know: just how much energy does Bitcoin, the leading cryptocurrency, consume? The question begs for an in-depth analysis of the energy footprint of this digital asset. With the increasing popularity and value of Bitcoin, concerns around its sustainability have risen. It's essential to understand the scale of its energy use, from the mining process to its day-to-day transactions. Is Bitcoin a significant contributor to global carbon emissions? What steps are being taken to reduce its environmental impact? And, ultimately, can Bitcoin become a greener form of currency in the future? These are the pressing questions that need to be addressed to assess the environmental costs of Bitcoin.

How much energy does bitcoin use?
SakuraSpirit SakuraSpirit Sun Jun 16 2024 | 5 answers 861

Why did doe suspend a survey of cryptocurrency miners' energy use?

Could you possibly elaborate on the reasons behind the suspension of the survey that was intended to assess the energy consumption of cryptocurrency miners? I'm particularly interested in understanding the rationale for this decision, given the increasing focus on the environmental impact of the cryptocurrency industry. Was it due to technical difficulties, funding issues, or perhaps concerns regarding the accuracy of the data collection methods? Could you also comment on any potential implications this suspension might have for the industry and its sustainability efforts?

Why did doe suspend a survey of cryptocurrency miners' energy use?

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