ethereum

Ethereum Energy Consumption Sees Sharp Decline As Mining Profitability Drops

Ethereum energy consumption had been on the rise through 2021. Most of it had been triggered by the bull market which had brought renewed interest to the…

Crypto Market Crash Cuts Bitcoin Energy Consumption by a Third

Crypto Market Crash Cuts Bitcoin Energy Consumption by a Third

Cryptocurrencies crashed so much this month that it forced the blockchain’s massive electricity use to dip. BTC annualized energy consumption dropped from 204 TWh to 132 TWh….

Bitcoin Electricity Consumption Down by 25% Since Early June

Bitcoin Electricity Consumption Down by 25% Since Early June

Bitcoin’s power consumption and hash rate are plummeting shortly after the price crash earlier this month.  Bitcoin’s energy consumption has reportedly declined drastically since only three weeks…

White House set to make recommendations to reduce crypto energy consumption

White House set to make recommendations to reduce crypto energy consumption

President Biden’s administration is developing recommendations to reduce energy consumption and emissions from cryptocurrency mining. The White House Office of Science and Technology Policy (OSTP) intends to…

Crypto Mining Energy Consumption Draws White House Scrutiny

Crypto Mining Energy Consumption Draws White House Scrutiny

Regulation News The White House is setting policy recommendations to decrease crypto mining energy consumption. The team will compare the proof-of-work (PoW) mechanism with the proof-of-stake (PoS)…