Bitcoin Mining Has An Absurd Environmental Impact
Ah digital currency. It's all in our collective hive-mind right? Coming and going in bits and bytes. Nothing to see here. So why is a hacking process called "Bitcoin mining" using $150,000 worth of electricity a day? This had better be good.
Miners need a lot of computing power to dredge up digital currency. And if they're cobbling a setup together, using Energy Star appliances is probably not their first priority. A lot of miners end up relying on the GPUs in graphics cards because they have better efficiency than CPUs, but this computing power translates to huge consumption of electricity.