What is the reason that BTC hashpower is rising so rapidly in USA lately?
New data on Bitcoin mining
Tl;dr version
1. 47.7% of mining now done in US
2. US net emissions from bitcoin are proportionately lower at 39.7% of global bitcoin emission
3. Cambridge model appears to overestimate Bitcoin electricity consumption
4. Bitcoin mining already is highly transparent
Detailed breakdown:
https://batcoinz.com/new-insights-on-bitcoin-mining-and-sustainability/
Discussion
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