Bitcoin miners ramp up investment ahead of halving, set new energy consumption record
Bitcoin (BTC) miners are investing billions in equipment and consuming energy at unprecedented rates to maximize profits before the upcoming...
Consumption
Just 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumption
The U.S Energy Information Administration (EIA) is now requiring large-scale commercial cryptocurrency mining operations to report their power consumption. This...
Bitcoin Energy Consumption Hit New Record in 2023
A recent analysis found that Bitcoin “mining” energy consumption posted a new annual record for 2023, surpassing its previous record...
US Department of Energy demands consumption stats from bitcoin miners
The US Energy Information Administration will survey “commercial cryptocurrency miners” to understand their electricity consumption. The survey, filed as an...
US to launch survey on cryptocurrency miners’ energy consumption
The United States, through the Energy Information Administration (EIA), will start collecting data about cryptocurrency miners’ energy consumption rate within...
Warning of Rising Electricity Consumption by Crypto and AI
The International Energy Agency (IEA) has delivered a dire warning, revealing that cryptocurrencies and artificial intelligence (AI) currently account for...
Biden administration rumored to be working on executive order requiring disclosure of outsized power consumption
An executive order from the Biden administration could compel cloud computing companies to report excess power usage to the U.S....
Cambridge Updates Bitcoin Mining Index to Reveal True Power Consumption
After three years, the University of Cambridge has implemented a major update to its Bitcoin Electricity Consumption Index (CBECI) to...
Cambridge Bitcoin Energy Consumption Index lowers estimate by 14%, revises methodology
The Cambridge Bitcoin Electricity Consumption Index (CBECI), which tracks global Bitcoin energy consumption, has undergone its first major update since...
NFT see a fall in its Ethereum gas consumption rate
According to Cointelegraph, Ethereum gas consumed by non-fungible tokens (NFTs) dropped significantly after it saw an increase in its rate...