Is Bitcoin Worth The Energy?

The Week - Tech, The Week: Tech
Mon, 12/11/2017 - 3:45am

You've probably heard that bitcoin is on an insane roll. The digital currency cleared $17,000 last Thursday, up from $1,292 in March. But you know what's also crazy? How much energy bitcoin requires. The bitcoin network already consumes an estimated 32.5 terawatt-hours per year. That's more energy than you'd need to power all of Houston.

NEXT
Topics:  march   houston   ireland   denmark   guardian   visa   american    see   the dread pirate   roberts   steam   wall   street   interestingly   finally   february   i   bitcoin   worth   energy   currency   power   world   people   network   supply   year   ways   change   government   hard   eventually   trend   systems   lots   centers   process   governments   developed   random   terawatt-hours   
BING NEWS:
  • Enforcement Directorate attaches Shilpa Shetty, Raj Kundra's assets worth Rs 98 crore
    The ED has attached properties, including a flat in Mumbai’s upscale Juhu area that is currently in the name of Shilpa Shetty, a residential bungalow situated in Pune, and equity shares in Kundra’s na ...
    04/18/2024 - 12:43 pm | View Link
  • Fort Worth Is Only Texas City To Snag $2M Federal ‘SMART’ Grant for Revolutionizing Transportation
    The project, funded by the U.S. Department of Transportation, will pilot low-altitude weather sensors on freight routes used by autonomous vehicles.
    04/18/2024 - 11:41 am | View Link
  • ED attaches assets worth ₹98 crore of Shilpa Shetty, hubby
    ED on Thursday said it has attached a bungalow in Pune and a flat in Juhu, Mumbai, apart from equity shares, worth about .
    04/18/2024 - 11:38 am | View Link
  • The Twins sell tickets with all-you-can-eat classic concession fare. Are they worth it?
    We borrowed a colleague from the sports department to put Target Field’s new all-inclusive Legends Landing to the test.
    04/18/2024 - 10:15 am | View Link
  • Raj Kundra, Shilpa Shetty In Trouble As ED Attaches Couple's Property Worth Nearly Rs 100 Crore In Maharashtra
    Raj Kundra and Shilpa Shetty's properties worth nearly Rs 100 crore in Maharashtra have been attached by the ED in connection with a PMLA case related to cheating using Bitcoins.
    04/18/2024 - 9:44 am | View Link
  • More
BING SEARCH:
  • Bitcoin
    Apr 11 · 48 Minutes. Bitcoin (BTC) price, live charts, news and more. Bitcoin to USD price is updated in real time. Learn about Bitcoin, receive market updates and more.
    04/17/2024 - 2:10 am | View Website
  • Bitcoin Price Today | BTC to USD, Price Index & Live Chart
    The live Bitcoin price today is $61,672.10 as of 4/18/2024, with a 24-hour trading volume of $36,798,597,242. Bitcoin's price is down -2.25% in the last 24 hours. Currently, Bitcoin ranks 1 out of 37185 coins according to CryptoMarketCap.
    04/17/2024 - 2:03 am | View Website
  • Bitcoin BTC Price, Live Charts, and News in United States
    The price of Bitcoin has decreased by 0.24% in the last hour and decreased by 2.82% in the past 24 hours. Bitcoin’s price has also fallen by 12.10% in the past week. The current price is $61,802.42 per BTC with a 24-hour trading volume of $42.45B. Currently, Bitcoin is valued at 16.23% below its all time high of $73,780.07.
    04/17/2024 - 1:20 am | View Website
  • Bitcoin BTC Price, Live Charts, and News in United States
    Bitcoin. BTC. USD. . . . . BTC Price. $61,741.61. Trade Bitcoin today. Create a Coinbase account to buy and sell Bitcoin on the most secure crypto exchange. Buy Bitcoin. Market. . Market stats. Market cap. . $1.2T. Volume (24h) . $42.2B. Circulating supply. . 19.7M BTC. Typical hold time. . 85 days. Popularity. . #1. All time high. .
    04/17/2024 - 12:59 am | View Website
  • Bitcoin Price | BTC Price Index, Live Chart and USD Converter
    Price of BTC today. The live price of Bitcoin is $ 70,197.27 per (BTC / USD) with a current market cap of $ 1,381.48B USD. 24-hour trading volume is $ 30.36B USD. BTC to USD price is updated in real-time. Bitcoin is -0.61% in the last 24 hours with a circulating supply of 19.68M.
    04/17/2024 - 12:52 am | View Website
  • More
NEXT