1.0Gizmodo Australiahttps://gizmodo.com.auGizmodo Internationalhttps://gizmodo.com.au/author/gizmodointernational/rich600338<blockquote class="wp-embedded-content" data-secret="07op0qmYwG"><a href="https://gizmodo.com.au/2018/05/alarming-study-suggests-bitcoin-consumes-an-astonishing-amount-of-energy-and-its-only-getting-worse/">Alarming Study Suggests Bitcoin Consumes An Astonishing Amount Of Energy And It’s Only Getting Worse</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://gizmodo.com.au/2018/05/alarming-study-suggests-bitcoin-consumes-an-astonishing-amount-of-energy-and-its-only-getting-worse/embed/#?secret=07op0qmYwG" width="600" height="338" title="“Alarming Study Suggests Bitcoin Consumes An Astonishing Amount Of Energy And It’s Only Getting Worse” — Gizmodo Australia" data-secret="07op0qmYwG" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://gizmodo.com.au/wp-content/uploads/2018/05/17/hkeazh7tklx4mufqe5j9.jpg?quality=7520481152It takes a lot of electricity to mine bitcoins, and as more miners try to cash in on the crypto craze, the amount of energy required to win new coins increases accordingly. New research suggests the entire bitcoin network could consume as much as 7.7 gigawatts of electricity by the end of this year– enough […]