xby

XTRABYTES (XBY) – The future of blockchain 3.0

Currently, maintaining Bitcoin requires enough energy to supply a small European state. Also, if BTC was to be classified as a country, it would rank 61st in terms of its energy needs (0.13% of global power consumption as of December 2017). What makes Bitcoin so power hungry is the PoW (Proof-of-Work) algorithm [...]

By | 2018-01-08T09:01:29+00:00 January 1st, 2018|Tags: , , |
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