Bitcoin mining operations are consuming up to 31 TWh of energy, surpassing Ireland’s 23 TWh and is more than the power used by 159 countries. By 2020, Bitcoin’s operations are supposedly set to use more electricity than the entire world. Analytics from Digieconomist indicate that Bitcoin’s power consumption ranges within that of countries such as Oman, Morocco, Serbia, and Denmark. Further statistics showed that Bitcoin could help power several nations given its massive energy consumption. Read More The post Massive Bitcoin Mining Operations Now Causing Blackouts appeared first on Bitcoinist.com.



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