Bitcoin Mining Council Q4 Research: Bitcoin Mining est devenu plus stable

According to new data, renewable energy consumption in the global Bitcoin mining industry increased by 1% to 58.5% in the fourth quarter of 2021.

The Bitcoin Mining Commission (BMC) announced its fourth quarter findings on January 18.

The survey covers three indicators: the combination of stable energy, the use of technology and the use of electricity.

The Bitcoin Mining Council's fourth quarter survey confirms a combination of strengths and improvements in technology performance. The combined strength gain was 58.5%.

- Michael Sailor ⚡️ (@saylor) 18 janvier 2022

Founded in May 2021, BMC is a voluntary international forum of Bitcoin mining companies and other industry organizations such as Bit Digital, BitFury, Bitfarms, and Atlas Mining.

Michael Saylor, Founder and CEO of MicroStrategy, a key member of BMC, said:

"This quarter, we see technological advancements, rapid expansion of mining in North America, mining migration in China and globalization. Stable and modern mining technology to improve energy efficiency and stability of the bitcoin mining...improvements and patterns will continue.”

The survey collectively collects stable electronic data on miners who make up over 46% of the global Bitcoin network. According to the survey, mining council members use electricity from a stable electricity consumption of 66.1%.

Then, using the leaked data, he estimates the combined market share of the global bitcoin mining industry at around 58.5% in the fourth quarter, 1% content increased from the third quarter figure. Industry estimates for mining technology production were 19.3 petahash per megawatt, up 9%.

Darin Feinstein, founder of Core Scientific and BMC, saw a 77% increase in BMC membership in the fourth quarter.

The environmental impact of Bitcoin mining has been hotly debated for some time, and now the US Congress is gearing up to improve the impact of proof-of-concept blockchains. The US Energy and Industry Committee has announced that key witnesses will testify at the January 20 hearing on the energy and environmental impact of cryptocurrency mining.

Key sources include Brian Brooks, CEO of BitFury, Ari Juels, professor at Cornell Institute of Technology, and John Belizaire, CEO of Soluna Computing.

With the rise of the public, shareholders, and government, more and more Bitcoin miners seek stable power. Traders like "Shark Tank" star Kevin O'Leary say they seek to buy products from mining companies that use stable energy.

Nuclear energy is one of the ways to advance research. At the virtual Bitcoin & Beyond conference in early November, Grid VP Harry Sudock said nuclear power could offer the opportunity to bring cleaner, carbon-free energy.