Bitcoin Mining’s Massive Electricity Consumption
bitcoin mining now consumes as much electricity as some small countries. This massive energy demand raises concerns over carbon emissions, grid stability, and long-term sustainability.
Capitalizations Index – B ∞/21M
bitcoin mining now consumes as much electricity as some small countries. This massive energy demand raises concerns over carbon emissions, grid stability, and long-term sustainability.
Renewables now power a large share of global bitcoin mining, as operators shift to cheaper hydro, solar, and wind. This transition lowers emissions but raises questions about energy use.