Bitcoin mining uses triple energy of gold
Consumption
The energy required to “mine” US$1 in bitcoin, ethereum and other cryptocurrencies is more than twice that required to extract
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Scandinavia attracts cryptocurrency mining
Industry
Cryptocurrency miners are moving to Norway and Sweden because of cheap hydroelectric energy and low temperatures to cool their servers.
Bitcoin mining legal: EU commissioner
Policy
Cryptocurrency mining is legal in Europe and only subject to standard electricity rules, the EU’s digital economy commissioner has announced.