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Is Bitcoin More Energy Intensive Than Mainstream Finance? – Economics from the Top Down
https://economicsfromthetopdown.com/2024/03/21/is-bitcoin-more-energy-intensive-than-mainstream-finance/
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ethereum
cryptocurrency
bitcoin
crypto
energy intensity
us dollars
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Yes, the Bitcoin network uses loads of energy. But so does mainstream finance. So which system is more energy intensive? In this post, I do the math.