MicroStrategy CEO: BTC mining is 'insignificant' compared to global electricity consumption

01月
19
2022-1-19 14:29
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According to MicroStrategy CEO Michael Saylor House, all bitcoin (BTC) mining applications are “uninterrupted” and performing better than what the mining industry expects to mine US mines this week. According to the CEO, the value of the energy used by Bitcoin is simply "ecologically incorrect" by other large industries and is "insignificant" compared to the rest of the electricity, while BTC consumes about 14 bps of consumption electricity world. The "massive surge" in Bitcoin's hashrate, or Chinese strength, has increased sharply over the past three months (cryptonews).

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