Cambridge University’s Latest Data Shows Decreased Bitcoin Energy Consumption

The study underlined their trust in this revised research on the Bitcoin Power Consumption Index, considering every modification as an effort towards enhancing reliability.

They are dedicated to showing how this change has affected earlier estimations because transparency persists upon the University’s foundation.

Cambridge stressed that its index provides a rough representation of Bitcoin’s real electricity consumption due to the distributed structure of the network.

Also, the revised statistics on the minimized energy usage in Bitcoin highlight the drastic shift towards green mining, which is commendable.