Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

Coin Telegraph LogoCoin Telegraph1 mo ago

Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop

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The Bitcoin network recorded the year 2022’s lowest power demand of 10.65 gigawatts (GW).

At its peak, the BTC network demanded 16.09 GW of power.

Bitcoin hash rate graph for 2022.Source: blockchain.

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Article Details

Author / Journalist: Cointelegraph By Arijit Sarkar

Category: Crypto

Topics: Power Hashing Hash Rate Bitcoin Mining Electricity Mining

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-25, 08:00:43

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 344 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 12229

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About Coin Telegraph

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Main Topics: Crypto

Official Website:

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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