September 30, 2022
mining 2

mining 2

Due to the numerous criticism of Bitcoin’s energy consumption, Bitcoin miners have turned to green energy sources. This move has dropped the power demand of the network by about 20%.

Electricity Demand Of Bitcoin Drops As Miners Embrace Green Energy

On August 9th, the Cambridge Bitcoin Electricity Consumption Index revealed that the global hash rate of Bitcoin has fallen to 10.49 GW. This was after it hit an ATH last May and used 15.80 GW daily.

Also, the electricity…

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