Bitcoin Mining Energy Consumption Hits Record Highs
Bitcoin mining reached a record-high energy consumption of 19.6 gigawatts in February 2024, a 62% increase from the previous year.
BTC/USD:
$98,514
24H Change:
4.63%
Fear & Greed:
82 (Extreme Greed)
Dominance:
56.7%
Lightning Nodes:
12,174
Liquidity:
522.6 BTC
Lightning Channels:
46,966
Current Fees:
7 Sats/vb
Bitcoin mining reached a record-high energy consumption of 19.6 gigawatts in February 2024, a 62% increase from the previous year.
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BlackRock Bitcoin ETF (IBIT) surpasses Microstrategy in bitcoin holdings, acquiring 12,600 BTC on Friday, making it the leading holder.
Dutch analyst Michael Van de Poppe predicted a 30% bitcoin price correction, but a new All-Time High of $70k was shortly seen after his tweet.