Bitcoin miners have already used more electricity than in all of last year, BloombergNEF (BNEF) reported Monday.
- Miners are on track to use 91 terawatt hours (TWh) this year, or about the same amount as Pakistan, BNEF said.
- Estimated energy consumption of bitcoin mining last year was 67 TWh.
- Bitcoin’s rising price in recent months has made mining more attractive, enticing companies with less energy-efficient machines to join the network and drive up power usage.
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