Bitcoin miners consume 0.26% of the world’s electricity production. At the same time, support for the cryptocurrency industry is growing as sustainability and the value for bitcoin increases, multiple speakers, including Elon Musk, Jack Dorsey and Nic Carter, said during The B-Word conference on Wednesday. These same miners also consume 0.11% of the world’s energy production, according to 2021 data from the Bitcoin Mining Council. Discussion about bitcoin electricity and energy consumption spilled over into multiple sessions during the conference with some speakers focusing on the details of mining itself and how ... (full story)