The latest Q2 report also details how energy efficiency among Bitcoin miners is on the rise.
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Category: BMC
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Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first […]Powered by WPeMatico
Sustainable energy usage for BTC mining grows nearly 60% in a year
The latest Bitcoin Mining Council report showed that the mining industry is rapidly adopting sustainable energy sources to secure the largest crypto blockchain.
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Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most are relying on unreliable and old data […]Powered by WPeMatico