Article Details

Why the bitcoin craze is using up so much energy

Retrieved on: 2017-12-18 20:00:00

Tags for this article:

Click the tags to see associated articles and topics

Why the bitcoin craze is using up so much energy. View article details on hiswai:

Excerpt

<div>“If the price of <b>bitcoin</b> continues to rise, it will continue to use more energy,” said Mike Reed, director of the Blockchain Program Office for Intel Corp. The reason, he said, is that the price represents “an <b>economic</b> incentive to add more mining equipment to the network … and that incentive is built in.”.</div>

Article found on:

View Original Article

This article is found inside other hiswai user's workspaces. To start your own collection, sign up for free.

Sign Up