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Bitcoin's Power Needs May Be Overblown

Retrieved on: 2018-01-16 05:00:00

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<div>While <b>Bitcoin</b> miners currently use about as much electricity as Ireland, they are "very unlikely" to reach the "ultra-high-end" threshold of 350 terawatt-hours a year -- a level that would only amount to 1.4 percent of global demand, according to a research note published Tuesday by Credit Suisse Group ...</div>

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