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 Ether ETFs Snag Gains While Bitcoin Funds Realize $79M in Outflows October 23, 2024 Brazilian Regulator Approves Solana Spot ETF August 8, 2024 Africa: The next hub for Bitcoin, crypto adoption and venture capital? March 29, 2023