News about Bitcoin

More / Bitcoin Reddit - 2 years ago

I built a BitcoinMap!

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

by COINS NEWS - 2 years ago

Bitcoin (PoW) Mining Energy Consumption

TLDR: Bitcoin mining currently uses ~0.1% of global energy consumption. Due to its competitive nature and unique properties, bitcoin mining leads to miners setting up or relocating its operations in areas with the cheapest sources of energy. Th...