Boles made the revelation on Twitter while responding to another tweet highlighting Bitcoin’s annual energy consumption. The politician wrote:
As per the data on Bitcoin’s Electricity Consumption Index, the digital asset now consumes more electricity than the whole of Argentina.
While several critics have faulted Bitcoin’s carbon footprint, some think otherwise. Meltem Demirors of CoinShares argues that governments should channel unused resources in Bitcoin. Meanwhile, Real Vision Group founder Raoul Pal wrote:
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Source: Cryptocurrency - investing.com
