Cambridge adjusts its consumption index for Bitcoin mining as hashrate rises

Cambridge adjusts its consumption index for Bitcoin mining as hashrate rises

The University of Cambridge had to change the methodology by which their Cambridge Bitcoin Electricity Consumption Index (CBECI) related to mining is calculated.
The change was necessary to adjust the estimates to reflect the increase in hashrate and on its distribution. 
The Cambridge Bitcoin Electricity Consumption Index related to mining and the level of hashrate
CBECI estimates the worldwide consumption of electricity generated by Bitcoin mining, and also creates a map showing the countries where there are the highest concentrations of hashrate. 
The latest figure, updated as of 24 hours ago, reveals that the annual consumption of Bitcoin mining is expected to be between 67 and 204 TWh (TeraWatt Hours), which is within a fairly wide range. The precise estimate is 113.22 TWh, or roughly halfway between the calculated minimum and maximum. 
According to Wikipedia data, this is an annual electricity consumption higher than that of the Netherlands, but lower than that of, for exampl

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We współpracy z: https://en.cryptonomist.ch/2023/08/31/cambridge-bitcoin-mining-hashrate-increase/

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