logo
welcome
CoinGape

CoinGape

Bitcoin Energy Consumption Index Eyes ATH, Here's Its Implication

CoinGape
Summary
Nutrition label

73% Informative

Bitcoin Energy Consumption Index is close to breaching its All-Time High ( ATH ) Bitcoin price rally has triggered more intense demand and heightened mining activities.

Different BTC mining firms are beginning to diversify their holdings.

Spain and Germany are “Out of the Money” amid higher demand and colder temperatures boosting the gas-for-power demand across major European power markets.