There are now hundreds of virtual currencies and an unknown number of server farms around the world running around the clock to unearth them, more than half of them in China, according to a study from the University of Cambridge. Photo: Agence France-Presse

Mining bitcoin uses more energy than what’s needed to excavate gold, platinum or copper: study

  • Mining cryptocurrencies requires hundreds, even tens of thousands, of linked computers running intensive calculations in search of the internet equivalent of precious metals
Topic |   Digital currencies

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There are now hundreds of virtual currencies and an unknown number of server farms around the world running around the clock to unearth them, more than half of them in China, according to a study from the University of Cambridge. Photo: Agence France-Presse
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