Till the end of 2018 energy costs for mining of Bitcoin will be 0.5% of global consumption
Mining of Bitcoin will consume 0.5% of the world's energy before the end of 2018! Such disappointing results were provided by economist Alex de Fris.
According to the expert, at the present time the BTC network consumes about 2.55 GW of electricity, but by the end of 2018 it will surely reach the mark of 7.67 GW. For example, the population of Ireland consumes 3.1 GW, and Austria - 8.2 GW. Do you feel the scale of energy consumption? Now wonder that the discussion about how much mining of cryptocurrency harms the environment every day only gets hot.
Let's try to consider the situation from the other side. Imagine how cryptocurrency is in demand, if a person is willing to spend such amount of energy resources, knowing that thereby destroys the planet. Just think how much cryptocurrency is becoming desirable for us, if we are ready to harm to the environment.
But what's the point of spending an immense amount of electricity to convert the cryptocurrency into fiat money with huge commissions and tax deductions?
As you already know, FLOGmall decides not only the issue with the unrealized cryptocurrency but gives a chance to spend it with benefit. It also gives you the opportunity to earn cryptocurrency inside the site without a harmful mining.
For this you have several ways:
Take advantage of our bonus system;
Buy MLC before listing of token on stock exchanges;
Wait for the release of the unique service ATES on the site.
Our global human task is to save the environment, so if there is a choice between spending money on electricity or buying tokens, choose the second one!
looking forward to the coming news!