Bitcoin mining now consuming the annual energy consumption of Ireland.
The Energy to Sustain Blockchain – The debate rages on as the energy consumption increases Guest essay by Shea Karssing Earlier this year, we published an article (https://smarterbusiness.co.uk/bitcoin-electricity-energy-sustain-blockchain/) on Bitcoin energy consumption, reporting how Iceland has become one of the top locations for cryptocurrency servers, which now exceed the consumption of private energy users. Now, the criticism amongst…