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$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

Carl Sandburg by Carl Sandburg
May 28, 2024
in Crypto
.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst
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$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

Miners’ profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block.

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