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tldr; The price of a single Bitcoin fell below $24,000 today, about half of what it was worth in March. A sustained price at around $24K could shrink the Bitcoin network’s global energy use to around 170 terawatt-hours annually, according to Alex de Vries. Bitcoin mining is inherently energy inefficient.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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