Autonomous Vehicle News
The activity uses 149.6 terawatt-hours per year, according to the Cambridge Bitcoin Energy Consumption Index (CBECI). Enter flared natural gas. CBECI estimates the average global power cost for bitcoin mining is about $0.05 per kilowatt hour. Lohstroh said natural gas power can bring the kilowatt hour cost to below $0.018. Interest has grown in diverting flared gas to cryptocurrency mining, and not just because the digital assets are growing in value.