Bitcoin miners say energy efficiency and regulatory certainty are crucial for the industry’s success

Computers that mine bitcoin are 58 times more efficient than they were eight years ago, according to a report by the Bitcoin Mining Council.

Out of all the energy that gets generated and used in the U.S., about 65% was wasted in 2021, according to a chart by Lawrence Livermore National Laboratory, a research facility funded by the U.S.

“Once we get , we think the pace of innovation should pick up because we’ll know the rules of the game,” Levitt said.

…Read the full story