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Cryptocurrency now utilizes as much electricity as Argentina but analysts assert technology will soon be mainly powered by renewable energy. Bitcoin has risen from a fringe technology well known with cryptographers in little over a decade, to the ninth most valuable asset in the world by market cap. (Photo : Getty Images) Energy Demands of Bitcoin The dramatic ascent of cryptocurrency has made millionaires, reinterpret money, and launched an industry worth multi-billion dollars inspired by its revolutionary decentralised technology. But it has also brought some undesired side effect with it. The computing power needed to support the underlying network of bitcoin now requires almost as much energy as the whole country of Argentina, thereby causing criticism about its environmental footprint.

United kingdomSatoshi nakamotoCharles hoskinsonHal finneyUniversity of cambridgeEnergy demands of bitcoinGetty imagesTherefore bitcoinDifferent typesBitcoin miningஒன்றுபட்டது கிஂக்டம்சதோஷி நகமோடோசார்லஸ் ஹோஸ்கின்சன்ஹால் ஃபின்னிபல்கலைக்கழகம் ஆஃப் கேம்பிரிட்ஜ்கெட்டி படங்கள்