Nicholas Ashworth

Bitcoin_ATM_-_Brno,_Czech_Republic
Jan 11 '18 12:45

A new analyst note produced by investment bank Morgan Stanley suggests that the world’s most used cryptocurrencies will consume significantly more energy globally than the entire amount of electricity produced in the Netherlands this year. As much as 140 terawatt-hours of electricity will be used in the cryptocurrency field next year, speculates analyst Nicholas Ashworth in a memo published on Wednesday.

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