The cryptocurrency market has been abuzz as Bitcoin gains popularity with investors, reaching an all-time high of over $58,000 apiece in February. In a commentary published in the journal Joule, financial economist Alex de Vries quantifies how the surging Bitcoin price is driving increasing energy consumption, exacerbating the...
Full ArticleBitcoin Price Boom ‘Locking In’ Vast Energy Consumption
Eurasia Review
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