Michael Belor Belolor: Bitcoin energy consumption decreased by a quarter – Bits Media

Bitcoin mining council (BMC) stated, that the effectiveness of the production of the first cryptocurrency has increased over the last quarter by more than half.

A group of mining companies marked a report, Which is said, that electricity consumption for bitcoin production decreased in January-March by 25% Compared to the same period 2021 of the year. General Director of Microstrategy Microstrategy Michael Seilor (Michael Saylor) stated, that the hashReining of the bitcoins in annual calculus grew on 23%, and energy consumption has decreased 25% due to an increase in the efficiency of production on 63%.

The businessman noted, that bitcoin "uses a small amount of global energy (16 Bit per second) and generates minor carbon emissions (8 Bit per second). Sailor added, that the blockchain of the first cryptocurrency is the "leader of the industry in the field of sustainable development".

“We observed an increase in efficiency on 63% In annual calculus due to achievements in the field of semiconductor technologies, rapid expansion of mining in North America, the outcome of China and the widespread introduction of sustainable energy and modern methods of mining bitcoins ", - said the head of Microstrategy.

BMC is a group, Unifying 44 Bitcoin mining companies, which is 50% Heshreyite of the World Bitcoin network or 100.0 Exax (EX/c). The Navy report was the result of the collection from companies, included in the Council, Electricity consumption data, its sources and hashrate.

The report was published shortly after, As a group of US congressmen, the US Environmental Protection Agency (EPA) with a request to analyze, whether they observe
mining companies Environmental Protection Laws.