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Musk, Dorsey and Carter advocate for greener Bitcoin

Musk, Dorsey and Carter advocate for greener Bitcoin – Byron Review

The discussion about electricity and bitcoin power consumption spanned several sessions at The B-Word conference. Consumers use industrial products like refrigeration, air conditioning, heaters, dryers and washing machines, but don’t think critically about the energy needs of those industries, said Nic Carter. Bitcoin miners consume 0.26% of the world’s electricity production.