bitcoinlimit on Nostr: 📈 The numbers are in: #Bitcoin mining in Texas continues to thrive with a ...
📈 The numbers are in: #Bitcoin mining in Texas continues to thrive with a staggering 31.21% increase in total energy usage for August 2024 compared to last year. Despite the surge in demand, electricity prices have taken a dramatic plunge, dropping by an incredible 79.52% YoY.
This unexpected twist leaves anti-Bitcoin critics in disbelief as the narrative shifts. While the energy usage for Bitcoin mining climbs, the cost per megawatt-hour is significantly cheaper, showcasing the evolving efficiency and potential sustainability of Bitcoin mining operations.
Is this the new face of Bitcoin mining? It sure looks like it. 🟢🔋 #Bitcoin #Mining #BitcoinMining #EnergyEfficiency
Published at
2024-08-29 20:42:35 UTCEvent JSON
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"content": "📈 The numbers are in: #Bitcoin mining in Texas continues to thrive with a staggering 31.21% increase in total energy usage for August 2024 compared to last year. Despite the surge in demand, electricity prices have taken a dramatic plunge, dropping by an incredible 79.52% YoY.\n\nThis unexpected twist leaves anti-Bitcoin critics in disbelief as the narrative shifts. While the energy usage for Bitcoin mining climbs, the cost per megawatt-hour is significantly cheaper, showcasing the evolving efficiency and potential sustainability of Bitcoin mining operations.\n\nIs this the new face of Bitcoin mining? It sure looks like it. 🟢🔋 #Bitcoin #Mining #BitcoinMining #EnergyEfficiency https://image.nostr.build/758596e815018cedbeff4909984437732e338791426ee27d6e8da852229d27eb.jpg ",
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