A short video presentation from the Guardian’s UK technology editor Alex Hern, who examines how exactly bitcoin uses electricity and if the environmental cost is too high.
Synopsis
In a year, bitcoin uses around the same amount of electricity as the entire country of Norway. The digital currency is one that allows people to bypass banks and traditional payment methods. It is the most prominent among thousands of so-called cryptocurrencies and has been repeatedly reaching new records – but is it sustainable?
Background reading
What is bitcoin and why are so many people looking to buy it?
Cryptocurrencies rise in popularity in world’s conflict zones