Texas sees a 31% rise in Bitcoin mining energy use paired with an 80% drop in electricity prices
CAT
1 min read
Quick Take One of the most persistent misconceptions about Bitcoin is the belief that mining harms the environment. While it’s true that Bitcoin mining requires substantial energy, this energy consumption is crucial for maintaining the network’s security. Recent data from Pierre Rochard, VP of Research at Riot Platforms, provides valuable insights into the evolving landscape […]
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Texas sees a 31% rise in Bitcoin mining energy use paired with an 80% drop in electricity prices
