Tag : power plant

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Aurich Lawson / Getty reader comments 154 with 95 posters participating Share this story Bitcoin’s massive power consumption is the cryptocurrency’s dirty secret. To mine bitcoin, computers across the globe chew through enough electricity to power a medium size country, somewhere on the order of the Netherlands or Poland depending on the estimate. In fact, ..

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Aurich Lawson / Getty reader comments 272 with 123 posters participating Share this story Few bitcoin projects illustrate the cryptocurrency’s enormous climate impact better than the Greenidge power plant in upstate New York. The once-abandoned power plant was bought by private equity firm Atlas Holdings and retasked. A significant portion of Greenidge’s electricity no longer ..

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