2min chapter

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Episode 85: Jahon Jamali On Bitcoin, Ethereum, and the Coming Metaverse

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CHAPTER

The Energy Consumption of Bitcoin Mining

The energy consumption of traditional financial systems is four to five times that of bitcoin. 80 % of bitcoin mining is done with renewable energy sources, says John Defterios. "A lot of sabby bitcoin mining operations are putting themselves right next to power plants," he adds.

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