1. Home
  2. 25% reduction

25% reduction

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022

Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022At 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 […]

Analyst Benjamin Cowen Says Grand Finale for ‘Altcoin Reckoning’ Already Underway – Here’s His Timeline