Bitcoin Community Raises Over $1.6 Million For Andreas Antonopoulos

The bitcoin community has raised more than $1.
Dutch Bank Suggests Bitcoin Mining Consumes Too Much Electricity

Dutch Bank Suggests Bitcoin Mining Consumes Too Much Electricity

According to an article published by Business Insider, Dutch bank ING recently published a study suggesting that bitcoin mining consumes too much electricity. The report claims that a single bitcoin transaction consumes as much electricity as a house in a whole month, and compares it to the amount of electricity traditional electronic payment methods consume per transaction.