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BBC News: Tesla will no longer accept Bitcoin over climate concerns, says Musk

Further coverage of a research from the Centre for Alternative Finance: an online tool created by Michel Rauchs that estimates the electricity consumption of Bitcoin. The index shows “that the process of mining the cryptocurrency – which involves using vast amounts of computer processing power – uses more electricity each year than Malaysia or Sweden and is closing in on the annual consumption of Egypt.”

Read the full article [bbc.co.uk]