Energy Modeling, the "Mountain Dew" Miner and Monthly Revenue Returns

Published: Sat, 02/05/22

February 5, 2022
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Market Overview

Data as of 21:00 UTC

Bitcoin mining’s energy and carbon impact: CoinShares

At 0.05% of total energy consumption globally, Bitcoin ultimately amounts to a rounding error on the global energy balance sheet, a small cost for a global network providing freely available, debasement protected, and censorship resistant money.

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“440 TH/s” Numiner ASIC stirs controversy among Bitcoin miners

Quickly dubbed the “Mountain Dew” miner due to its resemblance to the beverage brand, the machine drew criticism for its unusually high hashrate and efficiency claims.

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Bitcoin miners generate $1.17B in January

Bitcoin mining revenue fell 18% month-over-month to $1.17 billion, a simple reflection of Bitcoin’s continued price correction from autumn highs. Bitcoin stocks followed suit, down against bitcoin (BTC) over the same period.

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Ethereum mining revenue tops Bitcoin for 9th consecutive month

So, who's really feeling the burn? Ethereum miners might be losing out on transaction fees, but they continue to outpace Bitcoin miner revenues month-over-month with $1.43 billion in January.

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Bitcoin's Brain Trust | Natalie Smolenski

Where can you find deep intellectual scholarship focused on Bitcoin?

The Texas Bitcoin Foundation is aiming to answer that question by producing “education about Bitcoin and related historical and scientific issues.” Natalie Smolenski Founder & Executive Director Texas Bitcoin Foundation discusses the focus of this new organization.

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