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$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

May 28, 2024 by DIGIT
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Miners’ profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block.

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Categories Bitcoin, BTC, Crypto
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  • bitcoinBitcoin(BTC)$104,025.001.43%
  • ethereumEthereum(ETH)$2,682.488.14%
  • rippleXRP(XRP)$2.582.37%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$663.670.95%
  • solanaSolana(SOL)$183.585.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2399984.91%
  • cardanoCardano(ADA)$0.832.30%
  • tronTRON(TRX)$0.270672-0.16%
  • bitcoinBitcoin(BTC)$104,025.001.43%
  • ethereumEthereum(ETH)$2,682.488.14%
  • rippleXRP(XRP)$2.582.37%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$663.670.95%
  • solanaSolana(SOL)$183.585.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2399984.91%
  • cardanoCardano(ADA)$0.832.30%
  • tronTRON(TRX)$0.270672-0.16%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$104,025.001.43%
  • ethereumEthereum(ETH)$2,682.488.14%
  • rippleXRP(XRP)$2.582.37%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$663.670.95%
  • solanaSolana(SOL)$183.585.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2399984.91%
  • cardanoCardano(ADA)$0.832.30%
  • tronTRON(TRX)$0.270672-0.16%
  • bitcoinBitcoin(BTC)$104,025.001.43%
  • ethereumEthereum(ETH)$2,682.488.14%
  • rippleXRP(XRP)$2.582.37%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$663.670.95%
  • solanaSolana(SOL)$183.585.78%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.2399984.91%
  • cardanoCardano(ADA)$0.832.30%
  • tronTRON(TRX)$0.270672-0.16%