Main page Infographics
Chart of the day: Aluminum extraction uses 7 times more energy than bitcoin mining
Scientists have calculated the amount of energy that is needed for mining cryptocurrency and metals in the amount of $1. The research results are published in the scientific journal Nature Sustainability.
Thus, the mining of ethereum and litecoin is comparable in energy costs to the extraction of platinum: 7 MJ for the extraction of an asset worth $1. For bitcoin this figure is 17 MJ. But there is a metal, the extraction of which costs seven times more expensive. It is aluminum (122 MJ).
Please describe the error
Thank you for registration
Like us on Facebook to help us make even more interesting materials for free.