solid.eco

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The SOLID Association aims to raise the awareness of energy consumption in respect to innovations like Bitcoin, blockchain, crypto currencies, the Internet of Things (IoT) and related areas. Blockchain technology is a very new innovation and it is often forgotten how wasteful this innovation is in terms of electricity consumption. A recent study by PriceWaterhouse concludes that the Bitcoin network can potentially consume 7.67 gigawatts, comparable to the consumption of Austria (8.2 gigawatts).

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“We pledge to support positive change for the planet and to be honest when sharing information on environmental actions.”
Oct 16, 2018
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