Today Iran experienced massive black-outs due to illegal bitcoin mining. Bitcoin mining is extremely energy intensive. Read the article here.
Massive blackouts have hit Iran. The government is blaming bitcoin mining. – The Washington Post
A Cambridge University Study estimates that the energy consumption to mine Bitcoin is almost equivalent to the energy consumed by the whole of Switzerland, 7 GW, which is also around the annual energy consumption of Singapore. Read the article here
Bitcoin’s energy consumption ‘equals that of Switzerland’ – BBC News
