Big news for Bitcoin! A company boss, Ben Gagnon, talked about how politics and energy affect Bitcoin mining. He explained that where Bitcoin mining happens is important because it needs lots of power.
- Mining Bitcoin uses a lot of energy, mostly from electricity.
- The US and Canada are big places for Bitcoin mining.
- Rules about energy and Bitcoin are still changing, which could be good or bad for miners.
| Fact | Details |
|---|---|
| Bitfarms Location Shift | From 40% North American to 80% North American, increasing US presence. |
| Energy Use | Bitcoin mining is now using energy infrastructure previously used by other industries. |
