Odaily Planet Daily News According to an article titled "The Real Cost of Bitcoin's Digital Race" published by the New York Times, Bitcoin consumes electricity, sells electricity, and even actively shuts down electricity during peak hours to obtain electricity cash. They cause huge pollution; in many cases, the public pays the price. And said that it has found 34 large Bitcoin mines in the United States, each of which consumes at least 30,000 times more electricity than an average American household. They consume more than 3,900 megawatts of electricity in total, which is almost equivalent to the electricity consumption of 3 million households around them. Analysis found that the electricity use of these 34 mines causes nearly 16.4 million tons of carbon pollution each year. Among these 34 mines, 10 are located in Texas, and they use more than 1,800 megawatts of energy in total, which increases the state's electricity bill by $1.8 billion each year. Pierre Rochard, vice president of research at Bitcoin mining company Riot Platforms, commented on this: "This report fabricated the data, and the New York Times "conducted a market-based simulation". I hope they will open source it so that we can verify it. In short, Bitcoin mining is revitalizing rural communities that have been hit hardest by the US dollar's fiat inflation."
