It also found that Bitcoin mining accounted for just 0.09% of the 34.8 billion m - Changi Bay

Saturday, 6 August 2022

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It also found that Bitcoin mining accounted for just 0.09% of the 34.8 billion metric tons (BMT) of carbon emissions estimated to be produced globally and consumed just 0.15% of the global energy supply.

Saylor noted in the briefing that Bitcoin’s detractors’ predictions about the network’s energy use have so far not been accurate: BMC, which comprise 50.5% of the world’s Bitcoin mining hashing power.

lawmakers have been particularly interested in the state of the Bitcoin mining energy consumption in the country.

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