Trends Report

Bitcoin's Power Consumption Is Excessive — But It Doesn't Matter For Enterprise Blockchain

September 10th, 2019
Martha Bennett, VP, Principal Analyst
Martha Bennett VP, Principal Analyst
With contributors:
Pascal Matzke , Elitsa Kortenska , Ian McPherson

Summary

The issue of blockchain power consumption keeps coming up in questions from Forrester clients, and this will continue as long as we see press articles calling out the massive electricity requirements of blockchain networks. This report explains what's really behind those headlines and why power consumption shouldn't be a top concern for CIOs and their business colleagues when deciding to embark upon a blockchain initiative.

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