Coal Is Fueling Bitcoin’s Meteoric Rise - Bloomberg

Lagarde (WTO) Says Cryptocurrency Mining Is Consuming Too Much Power

This is the best tl;dr I could make, original reduced by 28%. (I'm a bot)
Mining cryptocurrencies is far too energy intensive and is consuming as much electricity as a G-20 economy, International Monetary Fund Managing Director Christine Lagarde said.
"The Bitcoins mining, which is this accelerated and augmented use of computers to actually determine the value and incentive the functioning of the mechanism, is energy angry," Lagarde said in Bloomberg TV interview with Francine Lacqua and Tom Keene at the World Economic Forum's annual meeting in Davos, Switzerland.
The electricity needed by the global network of computers running the blockchain technology behind Bitcoin has more than tripled in the last year to more than 37 gigawatt-hours a day, according to Bloomberg New Energy Finance.
Bitcoin Power Consumption Cryptocurrency's power needs have tripled and hit a record 43 GWh in December.
The amount of electricity needed to mine Bitcoins could fall if there are improvements in computing technology.
"In times of climate change and when we look at how much coal is being used in some Chinese provinces to actually mine Bitcoin it's a big concern," Lagarde said.
Summary Source | FAQ | Feedback | Top keywords: mine#1 Bitcoin#2 energy#3 electricity#4 much#5
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Cryptocurrency Mining Is Consuming Too Much Power

This is the best tl;dr I could make, original reduced by 28%. (I'm a bot)
Mining cryptocurrencies is far too energy intensive and is consuming as much electricity as a G-20 economy, International Monetary Fund Managing Director Christine Lagarde said.
"The Bitcoins mining, which is this accelerated and augmented use of computers to actually determine the value and incentive the functioning of the mechanism, is energy angry," Lagarde said in Bloomberg TV interview with Francine Lacqua and Tom Keene at the World Economic Forum's annual meeting in Davos, Switzerland.
The electricity needed by the global network of computers running the blockchain technology behind Bitcoin has more than tripled in the last year to more than 37 gigawatt-hours a day, according to Bloomberg New Energy Finance.
Bitcoin Power Consumption Cryptocurrency's power needs have tripled and hit a record 43 GWh in December.
The amount of electricity needed to mine Bitcoins could fall if there are improvements in computing technology.
"In times of climate change and when we look at how much coal is being used in some Chinese provinces to actually mine Bitcoin it's a big concern," Lagarde said.
Summary Source | FAQ | Feedback | Top keywords: mine#1 Bitcoin#2 energy#3 electricity#4 much#5
Post found in /Amd, /worldnews, /JustBadNews and /CryptoCurrency.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

HOW TO MINE BITCOIN CASH (BCH) WITH CGMINER AMD AND NVIDIA GPU Mining Bitcoin Laptop AMD A8 quad core GPU Mining BITCOIN LE. NVIDA and AMD Miners Available! Earn free bitcoin Game With Coal mine. Earning Bitccoin every day Bitcoin mining with 2 amd 7770's - YouTube

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HOW TO MINE BITCOIN CASH (BCH) WITH CGMINER AMD AND NVIDIA GPU

video ini berisi cara atau tutorial mining bitcoin cash di suprnova.cc dengan menggunakan amd dan nvidia card 1. ... All resources are condensed into this Google Doc: https://goo.gl/Zx8PFF Hope it helps you with your AMD mining journey. Whether you choose Zcash, Zencash, Ve... Mining Bitcoin on Laptop AMD A8 quad core. How To CPU Mine Monero RandomX on Intel and AMD CPUs Profitability BEST CPUs Best Miners - Duration: 19:33. VoskCoin 45,510 views In this video we'll go over mining Bitcoin LE with you GPU. Pool URL https://honorpool.org/ NVIDIA Miner: https://github.com/honorpool/ccminer/releases AMD M... 196 Mhash/s per 7770, about 400 combined. Overclock settings are: Power Limit: -2 Core Clock: 1149 Memory Clock: 654 Fan: 100%

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