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Galaxy Digital Research Reveals Bitcoin Consumes Less Energy than Gold and Banking Industries

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 ....

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Roundup: COVID-19 deals blow to economic sectors in Egypt - World News

2021-02-03 15:05:38 GMT2021-02-03 23:05:38(Beijing Time) Xinhua English
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by Marwa Yahya
CAIRO, Feb. 3 (Xinhua) Sales in several economic sectors in Egypt, including textile, gold and real estates, have been negatively affected by the lingering COVID-19 pandemic.
The production of winter clothes has dropped by 50 percent compared to the previous season, which impacted the sales of the ready-made clothes market, said Mohamed Abdel-Salam, chairman of the Egyptian Chamber for textile Industries.
The textile sector has been affected to a great extent by the spread of the pandemic, Abdel-Salam told Xinhua, noting that people s reluctance to leave their houses and willingness to stick to the precautionary measures is a major cause of the accumulation of goods in stores and warehouses. ....

Al Qahirah , Al Jizah , Abdel Rahman Bayoumy , Mohamed Abdelsalam , Marwa Yahya , Hussein Gomaa , Gold Industries , Health Hala Zayed , Egyptian Chamber , மொஹாமெட் அப்டேல்சலாம் , மார்வா ய்ஃப்ய , ஹுசைன் கோமா , தங்கம் தொழில்கள் , ஆரோக்கியம் ஹலா ஸேயெட் , எகிப்தியன் அறை ,

Roundup: COVID-19 deals blow to economic sectors in Egypt

Roundup: COVID-19 deals blow to economic sectors in Egypt
shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.

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