
What is driving Bitcoin miners to New York’s fading blue-collar towns?
Abundant renewable energy sources, including cheap hydroelectric power, enable ‘green-energy mining’–but upstate environmentalists are not convinced.
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.

To demonstrate its continued hostility towards the crypto industry, China has relieved one of its top officials for supporting crypto mining.

Yes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country.

Kazakhstan, being the second most popular city for Bitcoin mining, is battling a looming energy crisis as ousted Bitcoin miners seek shelter in the city to access its cheap electric supply.

While Bitcoin mining efficiency continues to rapidly improve, the industry’s electricity consumption advances towards a more sustainable energy mix.

Bitcoin mining hashpower as gone from a low of 103 EH/s to touching as high as 189 EH/s within the last 3 months.

The crypto community was left guessing and rumouring about the hidden message behind Jack Dorsey’s recent tweet.


