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Bitcoin’s profitability called into question as energy consumption rises

Bitcoin’s profitability called into question as energy consumption rises

It may soon become undesirable to mine for Bitcoin if energy costs continue to rise. Bitcoin mining will consume 0.5 percent of the world’s energy by the end of this year, and rising costs could make mining unprofitable.

The post Bitcoin’s profitability called into question as energy consumption rises appeared first on Digital Trends.


Source: Digital trends

Belen De Leon