Banking uses 56 times more energy than Bitcoin: Valuechain report Post author:MiamiCrypto Post published:June 16, 2022 Post category:Banking / Energy / Energy Consumption / Finance / Proof-of-Work / report Analysis of Bitcoin’s Proof of Work and the Lightning Network exposes the banking system as energy hungry, demonstrating that Bitcoin is better for the planet. You Might Also Like Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners October 3, 2021 Fractional Investing Company Public Acquires NFT Startup Otis March 9, 2022 Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future October 20, 2021