Bitcoin’s Energy Consumption Debate: Facts & Solutions

Bitcoin’s Energy Consumption Debate: Facts & Solutions

<h1>Bitcoin‘s Energy Consumption Debate: Separating Myths from Reality</h1> <h2>The Growing Environmental Concern</h2> <p>As Bitcoin‘s network hashrate approaches 600 exahashes per second (EH/s), the <strong>proof–of–work (PoW)</strong> consensus mechanism faces intensifying scrutiny. Recent data from <strong>Cambridge Bitcoin Electricity Consumption Index (CBECI)</strong> shows Bitcoin mining now consumes approximately 150 terawatt–hours annually – comparable to mid–sized European nations. This…