a report estimating Bitcoin’s energy usage and its potential to transform the energy industry. The report asserted that the mining industry could transform worldwide energy production for the better. Contrary to its frequent narrative as a social and environmental harm. The report added,
As per the graph below, BTC miners consumed electricity at a rate of around 100 TWh per year, accounting for about 0.06% of the world’s total energy demands.Compared to other sources, the said value represents an insignificant amount.
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