Here Are Six New Projects Looking to Mitigate Bitcoin Mining’s Energy Footprint

The environmental impact of bitcoin mining was trending again in the last few weeks due to a Texas bill looking to limit its grid participation and a New York Times article that condemned the industry. Bitcoin mining consumes about 145 terawatt hours (TWh) of electricity per year, says data from Cambridge University’s Centre for Alternative Finance, which is about the power consumed by Sweden, according to the International Energy Agency. Read more: Can Crypto Miners Make the World Greener?