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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 ยท 3 min read Photo: Shutterstock Galaxy Digital estimated that Bitcoinโ€™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 repor...
Ibukun Ogundare Elon Muskslammed Gold Industries World Gold Council Banking Industries Bitcoin Energy Consumption

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