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Coin Circle (120btc.COM) News: Recently, the "New York Times" published an article titled "The Real-World Costs of the Bitcoin Digital Race" (The Real-World Costs of the Bitcoin Digital Race)
Digital Race for Bitcoin) article stated that Bitcoin mining causes a lot of energy consumption and brings huge carbon pollution, and this article also caused dissatisfaction among many Bitcoin supporters.

 **New York Times: Bitcoin mining causes massive energy consumption**

The New York Times stated in the article that Bitcoin saves electricity bills by consuming electricity, selling electricity, and even actively turning off electricity during peak periods. All of these behaviors have caused huge pollution to the environment; in many cases, the public A price was paid.

The article pointed out that they discovered 34 large-scale Bitcoin mining farms in the United States. Each mine consumes at least 30,000 times more electricity than an average American household. These mines consume a total of more than 3,900 megawatts of electricity. In other words, Altogether, this is almost equivalent to the electricity consumption of 3 million households around them.

In addition, the analysis found that the electricity use of the 34 mines, 10 of which are located in Texas, use a combined total of more than 1,800 megawatts of energy to account for nearly 16.4 million tons of carbon pollution annually. State electricity bills increase by $1.8 billion annually.

 **Bitcoin Environment Analyst: The data in the article are exaggerated by an average of 81.7%**

In response, Bitcoin environmental, social and governance (ESG) analyst Daniel
Batten tweeted that the two main examples of cherry-picking data used in the article ignored the increasing use of renewable energy in the mining industry.

First, Batten pointed out that the data in the New York Times article was seriously exaggerated, and his investigation showed that the average number of actual Bitcoin burn usage was exaggerated by 81.7%.

Batten then added: There are 26 Bitcoin miners in the United States and Canada that use 90% sustainable energy to power their mining activities, but the New York Times article only selected two and focused on the ones with the least renewable energy support. Place.

 **Bitcoin supporters counter BTC mining reports**

Troy Cross, another Bitcoin supporter, said that the New York Times article used "marginal emissions accounting" to prove its argument, deliberately applying it only to carbon emissions, not electricity generation.

In addition, Pierre, vice president of research at Bitcoin mining company Riot
Rochard also accused the New York Times of using "fictitious fractional reserve carbon accounting" and "falsifying accounts to create emissions." As for Satoshi ActFund CEO Dennis
Porter pointed out that the New York Times article made an error in its initial reporting by naming the town in Texas where the BTC mining facility is located as the wrong town. The publication later corrected the error.

 **58.9% of Bitcoin mining energy comes from renewable energy**

In fact, the high energy consumption of the Bitcoin mining industry has always been a controversial topic, but recently Bitcoin mining has gradually integrated renewable energy.

According to the Bitcoin Mining Council’s Q4 2022 report, the Bitcoin network is already a leader in sustainable energy use, with 58.9% of its energy coming from renewable sources.