The Daily Mail: Will the world EVER be able to rely on cryptocurrencies? Blockchain technology behind volatile Bitcoin and Ethereum is power-hungry, expensive and insecure, experts claim
Published on May 17, 2022
A report by the Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School is mentioned in this article about cryptocurrencies.
According to the report, the energy burn of Bitcoin is around 144 terawatt-hours per year – more than the annual consumption of countries such as Sweden or Argentina, the article says.
Read the full article [dailymail.co.uk]
The post The Daily Mail: Will the world EVER be able to rely on cryptocurrencies? Blockchain technology behind volatile Bitcoin and Ethereum is power-hungry, expensive and insecure, experts claim appeared first on Cambridge Judge Business School.