Bitcoin does consume a lot of energy – but here’s why it’s worth it | MoneyWeek
Just before we get started – make sure you register for Merryn’s interview with Baillie Gifford’s Charles Plowden. It’s tomorrow – don’t miss it. Today we attempt to address an argument that has resurfaced this week. That is the argument that bitcoin is somehow, for environmental reasons, unethical or immoral, because it uses a lot of electricity.