The report by University of Cambridge and Digiconomist estimated that by 2022 the two largest proof-of-work blockchains, Bitcoin and Ethereum, together used

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twice as much electricity in one year as the whole of Sweden that led to the release of up to 120 million tonnes of CO2 each year

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fifty times as much electricity in one year as the whole of USA that led to the release of up to 120 million tonnes of CO2 each year

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twice as much electricity in one year as the whole of France and Germany that led to the release of up to 120 million tonnes of CO2 each year

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ten times as much electricity in one year as the whole of Luxemburg that led to the release of up to 120 million tonnes of CO2 each year

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The report by University of Cambridge and Digiconomist estimated that by 2022 th...

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