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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 Photo: Shutterstock 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 ....
Banking system uses more energy than BTC, Galaxy Digital reports invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
Amazon Alexander Tingle, director of technology, media, and telecom investment banking, UBS Investment Banking Tingle s partner, who is also a banker, once recommended he read A Little Life, the haunting, critically acclaimed novel by Hanya Yanagihara that was published in 2015 and centers on ambitious young men who move to New York City. I loved it, Tingle said, admitting with a laugh that he s not the most avid reader, but A Little Life has stuck with him and not only because it s set in New York, where he s now building his career. One of the central characters, a successful go-getter, is struggling with his mental health throughout the story. For Tingle, he was inspired by that character s portrayal and brought to mind mental health-related stigmas that persist in some workplaces, especially for people in cutthroat positions. ....