Home Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’

Bitcoin Mining Energy Use ‘Inconsequential,’ ‘Rapidly Becoming More Efficient’

Jan 28, 2022 comments off

The total use of energy for Bitcoin (BTC) mining is “inconsequential,” and it is “rapidly becoming more efficient,” MicroStrategy CEO Michael Saylor said, as the mining industry is preparing for a hearing in the US House of Representatives this week.
Saylor was speaking during a quarterly briefing by the Bitcoin Mining Council (BMC) on Wednesday…
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