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Re:Bitcoin breaks above $20k by varajelle on Wednesday December 16, 2020 @12:21PM (#25445241)
Every day, about 900 bitcoins are mined. So computing power for about 900*20k = $1.8m per day is "wasted". The more the price of bitcoin, the more energy is going to be used. Every 4 years, the amount of bitcoin created per day is divided by 2.

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