Bitcoin mining consumes more energy on a yearly basis than used by Finland. But does that matter?
- Posted on May 11, 2025
- By Financial Express
- 1 Views
Bitcoin mining consumes more energy on a yearly basis than used by Finland. But does that matter?
At its core, mining is the process of using computational power to solve complex mathematical puzzles. This process—known as proof-of-work—requires electricity, as machines (called ASICs) continuously generate cryptographic hashes.
