What will bitcoin peak at 2021?

This appetite for electricity has drawn widespread criticism from celebrities such as Tesla CEO Elon Musk to government bodies such as Chinas State Council and the U.S. Senate over

What will bitcoin peak at 2021?

This appetite for electricity has drawn widespread criticism from celebrities such as Tesla CEO Elon Musk to government bodies such as Chinas State Council and the U.S. Senate over Bitcoins impact on climate change. But while the electricity figures are alarmingly high, its important to note that bitcoin mining at most accounts for 1.29% of any single countrys energy consumption. Not to mention, Bitcoin is a complete financial system whose energy consumption can be measured and tracked, unlike the fiat system, which cannot be accurately measured and requires a range of additional layers to function, including ATMs, card machines, bank branches, security vehicles, storage facilities and huge data centers.

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