cryptocurrency

As Crypto Prices Fall, So Does the Industry’s Energy Use

As Crypto Prices Fall, So Does the Industry’s Energy Use

Cryptocurrency prices, which were soaring at the end of 2021, have plummeted into a so-called “crypto winter.” But could this chilly period for cryptocurrencies help cool the climate as well?  When Bitcoin prices fell below $20,000 this month, its energy use fell as well.  “Part of what it means is that global electricity consumption is […]

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    As Crypto Prices Fall, So Does the Industry’s Energy Use

    As Crypto Prices Fall, So Does the Industry’s Energy Use

    Cryptocurrency prices, which were soaring at the end of 2021, have plummeted into a so-called “crypto winter.” But could this chilly period for cryptocurrencies help cool the climate as well?  When Bitcoin prices fell below $20,000 this month, its energy use fell as well.  “Part of what it means is that global electricity consumption is […]