Hordes of crypto fanatics got their knickers in a twist recently when erstwhile cheerleader Elon Musk expressed concerns about the environmental cost of Bitcoin.
“Cryptocurrency is a good idea on many levels,” read a statement shared on his Twitter feed.
“We believe it has a promising future – but this cannot come at great cost to the environment.”
So how bad is Bitcoin for the planet? And does Musk’s radical Uturn mark the beginning of the end for the crypto revolution? Join us on a trip down the mines for an unflinching look at the energy consumption of Bitcoin.
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How Much Energy Does Bitcoin Use?