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Bitcoin Mining Power Consumption Exceeds 2020: Report

Miners are on track to use 91 TWh this year.

Yazan Sheldon Reback
Güncellendi 11 May 2023 ös 4:14 Yayınlandı 13 Eyl 2021 öö 10:53 1 min readAI tarafından çevrildi
Crypto mining machines
Crypto mining machines

Bitcoin miners have already used more electricity than in all of last year, BloombergNEF (BNEF) reported Monday.

  • Miners are on track to use 91 terawatt hours (TWh) this year, or about the same amount as Pakistan, BNEF said.
  • Estimated energy consumption of bitcoin mining last year was 67 TWh.
  • Bitcoin’s rising price in recent months has made mining more attractive, enticing companies with less energy-efficient machines to join the network and drive up power usage.

See also: Bitcoin Mining Difficulty Rises, Extending Recovery After China Crackdown

Bitcoin NewsMiningElectricity

Sizin için daha fazlası

Joe Lubin-backed Ethereum treasury firm SharpLink to join the Russel indexes

Yazan Krisztian Sandor|Editör Aoyon Ashraf
12 saat önce
Sharplink CEO Joseph Chalom and Consensys CEO Joe Lubin speaking at Consensus Hong Kong 2026 (CoinDesk)

The inclusion could attract fresh passive inflows from index-tracking funds, while the firm's stock tanked 95% from its peak over the past year.

Bilinmesi gerekenler:

  • SharpLink will join the Russell 2000 and Russell 3000 indexes effective June 29.
  • The company held nearly 873,000 ETH, worth roughly $1.8 billion at current prices.
  • The inclusion comes as many digital asset treasury firms have slowed or halted crypto purchases.
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