The Coin Shark: Mining news for June 20

  • Wednesday, 20 July 2022 18:38
Mining news for June 20? CoinShark journalists have prepared for you the latest bitcoin mining news. You will learn about the energy consumption of mining companies in the US and data from the report of the mining conglomerate BMC. U.S. mining companies threaten the country’s clean energy transition plan amid rising Bitcoin prices. Six mining giants use as much energy as Houston households. In the next 3 years, the amount of energy consumed will increase by 3 times. In terms of power, this will be comparable to the energy appetites of such large cities as Houston, Los Angeles and Miami. Mining bitcoin for the II quarter The results of the 2nd quarter according to BMC (the largest conglomerate in the field of bitcoin mining), whose total hashrate is 107.7 EH/s: Growth of computing power - 137%. Increase in hash rate by 1 MW to 21.1 EH. Growth of energy consumption - 63%. 46% increase in energy efficiency. Growth in the share of green mining by 6%, up to 59.5%. The BMC organization brings together 45 member companies that operate on five continents. We will follow the development of the situation. Read our news and subscribe to social networks. You can also start mining cryptocurrency using Hive OS service. CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources. Cryptocurrency is a high-risk asset, investments in it can lead to losses. Readers should do their own research before taking any action.

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