Researchers from the United Nations have recently established connections between the surging price of Bitcoin and the escalating electricity consumption resulting from its mining operations. Through an in-depth analysis of 76 countries engaged in Bitcoin mining from 2020 to 2021, the UN research revealed that the global Bitcoin mining networks energy consumption reached a staggering 173.41 terawatt-hours. As Bitcoin experienced a significant price surge during this period, reaching a record peak of $69,000, the study highlighted an intriguing observation. Specifically, with Bitcoins price...
source: https://tokenpost.com/Bitcoin-Price-Surge-Links-to-Increased-Energy-Consumption-UN-Study-Finds-10897
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