---
title: "$2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst"
url: https://diffcoin.com/2-7b-worth-of-electricity-spent-on-us-bitcoin-mining-in-2024-analyst/
description: "Miners' profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block. Source link"
published: 2024-05-28
updated: 2024-05-28
author: "Mila"
site: "Diffcoin"
---

# $2.7B worth of electricity spent on US Bitcoin mining in 2024 — analyst

Miners’ profitability were slashed after the Bitcoin Halving event in April dropped rewards from 6.25 BTC to 3.125 BTC per block.

[Source link](https://cointelegraph.com/news/2-7-billion-worth-electricity-spent-bitcoin-mining-us-2024)