Against the background of doubts and criticisms brought to him, Bitcoin (btc) registered a slight increase compared to the previous day, today it is 56 thousand 930.40 dollars, ie 1 million 165 thousand 694.80 Mexican pesos. It closed at $ 59,383 on Saturday.
cryptocurrency The most famous in the world tried unsuccessfully to finish the week over 60 thousand dollars; Just last week it reached 60,197, its all-time high; some financial analysts believe that in the coming days it will experience declines again.
So far this year digital money has made progress of over 100%. The minimum for this year was $ 27,734 on January 4th. Some investors remember when virtual currency It cost one dollar per unit in February 2011.
Will your production end?
The latest criticism, beyond its volatility, comes from scientists concerned with environment, because it is not clear exactly how much energy bitcoin. And it is that its mining consumes a lot of electricity.
The Center for Alternative Finance at the University of Cambridge (CCAF), which studies the growing activity of cryptocurrencies, estimates that the total energy consumption of btc it is between 40 and 445 terawatt hours (TWh) per year, with a central estimate of about 130 terawatt hours, more than Argentina uses annually.
Despite the environmental consequences, bitcoin’s popularity is growing and its price is rising, so we just have to wait and see what the consequences are. A recent Goldman Sachs survey finds that bitcoin finish 2021 between $ 40,000 and $ 100,000; if the best scenario is true, it will attract more investors and, with it, a larger carbon footprint.
msb