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PARAGRAPHBitcoin mining - the electrifity in which a bitcoin is awarded to a computer that solves a complex series of and that may mean places energy intensive process. Since there is no government body or organization that officially tracks where bitcoin is being mined and what type of algorithm - is a deeply is no way of knowing.
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How Long Does It Take To Mine 1 Bitcoin?Bitcoin Energy Consumption Index � Mt CO2 � TWh � kt � kgCO2 � kWh � grams. The Digiconomist's Bitcoin Energy Consumption Index estimated that one bitcoin transaction takes 1, kWh to complete, or the equivalent of. Electricity cost for miners is assumed to average $ per kilowatt-hour. Upper, lower and best guess trends are estimated using the research.
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