Mining

Bitcoin Energy Consumption Index Eyes ATH, Here’s Its Implication

07.12.2024

With the surge in the price of Bitcoin (BTC), the demand for the coin has grown significantly, placing enormous pressure on mining activities. At the same time, there has been an intense use of energy from national grids to meet this demand. According to a report from S&P Global insight, the Bitcoin Energy Consumption Index is close to breaching its All-Time High (ATH).

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07.12.2024
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