The Bitcoin Mining Council, which brings together companies from the mining and blockchain technologies industry, has published energy consumption data for the last 3 months. According to the report, energy consumption during mining has increased by 41%. This is approximately 0.16% of all world energy. For analytics, data from 50 large companies that are engaged in the production of cryptocurrencies were used.
Bitcoin mining results in 0.1% of global CO2 emissions. This figure is within acceptable limits. It is noted that network security has increased by 73%.
Experts note that a further increase in power consumption during mining may attract the attention of regulators. Therefore, it is necessary to pay attention to ways to reduce energy consumption and improve the environmental friendliness of the entire industry.
Previously, news appeared that, in the United States, the prerequisites were for the authorities to ban mining because of its negative impact on the environment. Miners were also asked to collaborate with agencies that would monitor performance during mining.
