Advertisement

Bitcoin mining electricity consumption exceeds compared to last year

Bitcoin
Advertisement

As per the BloombergNEF report, bitcoin (BTC) miners have used more electricity as compared to last year.

This year miners are on track to have used 91TWh electricity, or around the equal amount as Pakistan, BloombergNEF stated.

The estimated energy that was used the previous year was approximately 67 terawatt-hours (TWh).

The mining becomes more attractive just after the price of BTC rises, tempting businesses with fewer energy-efficient machines join the network and drive up power usage.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Gold Rate in Pakistan Today – 17 September, 2025
BTC TO PKR – Today’s Bitcoin price in Pakistan on September 17, 2025
BTC TO USD – Today’s Bitcoin price in Dollar on September 17, 2025
Top-Selling Vs Lowest-Selling Cars in Pakistan – Latest 2025 Update
Punjab E-Taxi Scheme: Applications Now Open – Apply Online
Currency Exchange Rates in Pakistan Today – 16 September 2025
Next Article
Exit mobile version