Bitcoin mining shows electricity consumption efficiency
Bitcoin mining equipment has shown a high rate of efficiency in electricity consumption by offering improvements in processing power, as well as efficiency in electricity consumption
During this year the high rate of efficiency in energy consumption has been reflected in the wide increase presented by the unit of measurement of the bitcoin “hash rate” network processing power below 70 terawatts per hour, lower to what was registered in 2018.
This occurs despite the fact that the processing power has reached a new historical maximum, exceeding for the first time 90 EH / s, recently, which demonstrates good performance without generating a greater consumption impact.
According to data added to the firm Statista, for the month of July 2019 the electricity consumption was 69.79 terawatts / hour, while the hash rate was almost 60% below the current. In recent weeks, the bitcoin hash rate has reached new figures, according to statistics, BitInfoCharts, blockchain.com and Coin Dance agree that it already exceeds 80EH / s.
Given this progress, hardware manufacturers have shown interest in developing new devices with higher capacities and lower energy consumption and that also exceeds the category that currently has Bitmain 7 nm Antminer, one of the most powerful and efficient in the market, released in the month of November last year.
However, companies such as Innosilicon, GMO, Micro BT and Bitmain continue to work to surprise the bitcoin market with other devices.
K.Villarroel
Source: criptomonedaseico
