Money Matters - Study: BTC Mining States Face 9x More Blackouts

 CryptoNinjas, in collaboration with Storible, just released a comprehensive study on the hidden costs of Bitcoin mining—and the numbers are eye-opening.

Key findings:

• The global annual electricity cost of mining Bitcoin is $24.7 billion.
• The U.S. tops global Bitcoin mining electricity costs at $10.5 billion yearly.
• BTC-mining states experience 9x more blackouts and 5x higher costs from electricity interruptions.
• States with mining emit 71% more CO₂ than non-mining states.
• Countries mining BTC emit 167% more greenhouse gases.

This study reveals the environmental, economic, and grid-level impacts of mining—and why they can no longer be ignored.

Read the full report here: https://www.cryptoninjas.net/crypto/study-bitcoin-mining-impact/