IMF’s Lagarde Says That Bitcoin Mining Consumes Too Much Electricity

IMF’s Lagarde Says That Bitcoin Mining Consumes Too Much Electricity

The post IMF’s Lagarde Says That Bitcoin Mining Consumes Too Much Electricity appeared first on CCN

Bitcoin mining is too energy intensive — that’s the message that International Monetary Fund (IMF) Managing Director Christine Lagarde has for advocates of the flagship cryptocurrency. Bitcoin Mining Too Energy Intensive: IMF Director Lagarde Lagarde, who was speaking from Davos at the World Economic Forum, said that Bitcoin mining is an “energy angry” industry, a

The post IMF’s Lagarde Says That Bitcoin Mining Consumes Too Much Electricity appeared first on CCN

Josiah Wilmoth