“When looking at bitcoin and comparing its energy use to all of Argentina for example, what, to me, that should do is compel the next question, which is, what’s the energy consumption of the Internet of Things (IoT) or even [artificial intelligence]. What are the other large, computationally driven practices that are becoming more and more prevalent in our everyday lives?” said Bill Maurer, director, Institute for Money, Technology and Financial Inclusion at the University of California, Irvine, in a call. 

For the full story, please visit https://www.coindesk.com/everything-costs-energy-bitcoin-mining.