cryptoupdate
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Bitcoin's Energy Consumption Linked to Price Surge : UN Report
A UN report links Bitcoin's energy consumption to its price, noting a 140% increase in energy use as Bitcoin's price surged 400%. Fossil fuels accounted for 67% of the electricity used for Bitcoin mining.Efforts are being made to shift towards green energy sources, including hydropower, nuclear, solar, and wind. The top 10 Bitcoin mining nations were responsible for the majority of Bitcoin's carbon, water, and land footprint.