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$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

May 28, 2024 by DIGIT
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Miners’ profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block.

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Categories Bitcoin, BTC, Crypto
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  • bitcoinBitcoin(BTC)$89,237.00-3.46%
  • ethereumEthereum(ETH)$3,027.97-3.77%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.27%
  • binancecoinBNB(BNB)$882.90-2.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.65-4.89%
  • tronTRON(TRX)$0.2857010.15%
  • staked-etherLido Staked Ether(STETH)$3,025.53-3.80%
  • dogecoinDogecoin(DOGE)$0.138980-6.03%
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  • bitcoinBitcoin(BTC)$89,237.00-3.46%
  • ethereumEthereum(ETH)$3,027.97-3.77%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.27%
  • binancecoinBNB(BNB)$882.90-2.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.65-4.89%
  • tronTRON(TRX)$0.2857010.15%
  • staked-etherLido Staked Ether(STETH)$3,025.53-3.80%
  • dogecoinDogecoin(DOGE)$0.138980-6.03%