Banks Consume 133% More Power than Bitcoin: Clean Energy Scholar8.2

There are a lot of loopholes in the conversation around bitcoin and its annual energy consumption rate, says a clean energy specialist.

Professor Katrina Kelly-Pitou of the University of Pittsburgh wrote that researchers overestimate their findings of the cryptocurrency’s higher power consumption rates. Stating that banks annually consume more energy than bitcoin, its so-called alternative, one should not worry much about the cryptocurrency’s energy-intensive features. Excerpts:

Original source
https://www.newsbtc.com/2019/07/08/banks-consume-133-more-power-than-bitcoin-clean-energy-scholar/

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