Cambridge University's Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here's the Latest
The Bitcoin Electricity Consumption Index (CBECI), developed by researchers at Cambridge University’s Centre for Alternative Finance (CCAF), has been upgraded to reveal new information about Bitcoin mining’s global energ...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Following the upgrade, the new estimate of all global energy use by Bitcoin miners stands at 89.0 terawatt-hours (TWh), significantly lower than the 104 TWh estimated by the previous version of the model....
Read More: Cambridge University's Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here's the Latest
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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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