Bitcoin’s energy footprint – Is it time to rethink? Energy consumed by the bitcoin network, also referred to as bitcoin energy, has reached alarming levels. The drastic rise in bitcoin’s energy consumption has led to speculation over the viability of cryptocurrencies and blockchains in future. But, is there a way ahead?
Bitcoin prices continue to fluctuate haphazardly around the $10,000 mark after rising exponentially in the last few months. But amidst the buzz around bitcoin’s value, there is also another aspect…