Altcoins Account for One Third of Total Crypto Mining Power Usage By Cointelegraph


Altcoins Account for One Third of Total Crypto Mining Power Usage

Researchers at the Technical University of Munich are encouraging regulators to look beyond when it comes to considering the environmental impact of crypto mining.

According to an Aug. 4 issue of scientific journal Joule, researchers Ulrich Gallersdörfer, Lena Klaaßen, and Christian Stoll determined that Bitcoin (BTC) mining accounted for only 66% of the total power usage of the 20 largest cryptocurrencies by market capitalization.

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