Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use – Bitcoin News
September 2, 2023
Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption.
Cambridge Centre Revises Bitcoin Energy Estimates Downward: Corrected Index Reflects More Accurate Power Consumption
In a report published this week, the…