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Galaxy Digital Research Reveals Bitcoin Consumes Less Energy than Gold and Banking Industries
3 hours ago by Ibukun Ogundare · 3 min read
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Galaxy Digital estimated that Bitcoin’s total annual electricity consumption is 133.89 TWh/yr.
Galaxy Digital has revealed that Bitcoin consumes less energy than the banking system and gold. Galaxy Digital released the report on Bitcoin energy consumption after researching how much energy Bitcoin energy uses. The authors of the report said that “this report took a quantitative approach, comparing Bitcoin’s energy usage to that of other industries.”
Galaxy Digital Research Shows Bitcoin Uses Less Energy Thank Banking and Gold Industries ....

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