LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
News

Report: Renewable energy used for Bitcoin mining has dropped from 42% to 25% since last August

March 1, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

On March 1, a Joules report titled “Revisiting Bitcoin’s Carbon Footprint” showed that since last August, the amount of renewable energy used for Bitcoin mining has dropped from 42% to 25%.

According to the report, a large amount of hydropower cannot be used for bitcoin mining due to the ban on bitcoin mining in China, and the increase in the use of natural gas in the United States and the increase in coal use in Kazakhstan have led to a decline in renewable energy for bitcoin mining.

Previous ArticleJapanese billionaire Yusaku Maezawa to sell his collection of paintings for $70 million, accept cryptocurrency payments
Next Article A Bitcoin wallet that has been dormant for nearly 10 years has been transferred

Related News

February 8, 2023

RTFKT&Clones Joins Nike Web3 Ecosystem Platform “.Swoosh”

February 8, 2023

Informed sources: India wants to roll out CBDC nationwide by end-2023

February 8, 2023

MicroStrategy Considers Bitcoin Futures as Part of Crypto Strategy

February 7, 2023

The Ethereum testnet successfully simulated ETH pledge withdrawal for the first time

February 7, 2023

US judge rejects FTX founder SBF’s request to modify bail conditions, hearing still scheduled for February 9

February 7, 2023

Australia: Efforts under way to ensure crypto asset regulation protects consumers

February 7, 2023

NBA star Giannis Antetokounmpo NFT sold at Sorare NBA for 113.9 ETH

February 7, 2023

Data: Ethereum whales accumulated 8.7 trillion SHIBs in the past week, worth about $128 million

The Latest
Business News February 8, 2023
RTFKT&Clones Joins Nike Web3 Ecosystem Platform “.Swoosh”
Policy News February 8, 2023
Informed sources: India wants to roll out CBDC nationwide by end-2023
Bitcoin News February 8, 2023
MicroStrategy Considers Bitcoin Futures as Part of Crypto Strategy
Ethereum News February 7, 2023
The Ethereum testnet successfully simulated ETH pledge withdrawal for the first time
Business News February 7, 2023
US judge rejects FTX founder SBF’s request to modify bail conditions, hearing still scheduled for February 9

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.