2017 was a wild ride for crypto. Over the last year, we saw record-breaking growth for assets across the board, with some coins such as Ethereum and Ripple appreciating more than 20,000%. Initial Coin Offerings especially capitalized on the hype, as developers and entrepreneurs found a way to tokenize just about everything in 2017. But all that activity comes at a price, and it’s not the usual price that comes to mind when we observe such booms. It’s energy costs. On September 30, 2017, a single Bitcoin transaction could power 7.5 homes in the US for a day. At the end of 2017, this figure grew to 10.5Powered by WPeMatico
