Regular Banks Consume Four Times More Energy Than Bitcoin?

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I ran across this article this morning while looking into Bitcoin‘s energy usage. According to the math and assumptions of this writer, regular banks consume four times more energy worldwide annually than Bitcoin does. Anyone want to have a crack at disputing these numbers? If this is a valid citation, I plan to use it relentlessly. 🙂

[https://medium.com/@zodhyatech/which-consumes-more-power-banks-or-bitcoins-8302750fe2bc](https://medium.com/@zodhyatech/which-consumes-more-power-banks-or-bitcoins-8302750fe2bc)

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Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

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