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Terms searched: Cambridge Bitcoin Electricity Consumption Index (CBECI)
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21 Jan 2021 EDINBURGH, United Kingdom
The Unexpected, Symbiotic Connection Between Water And Cryptocurrencies
The rapid proliferation of cryptocurrencies in recent years (with Bitcoin the most prominent) is raising environmental concerns, and water resources deployed for hydropower are becoming central to the discourse. Bitcoin may exist purely in the digital world, but the process that supports it is extremely energy intensive...