Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022
April 27, 2022 25% reduction, Bitcoin mining, Bitcoin Mining Council, Bitcoin Mining Network, BMC, BMC member, BMC membership, BTC Mining, Core Scientific, Cryptocurrency, Darin Feinstein, electrical consumption, electricity bitcoin, Elon Musk, Hashpower, Hashrate, michael saylor, Microstrategy’s CEO, Mining, objectives, sustainable power mix, technological efficiency 0 Comments
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......