The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
Latest cryptos news | Strongly advancing! Bitcoin once reached the $0.092 million mark during the day; Trump may meet with representatives from the industry to discuss the formulation of the usa's crypto policy.
Macro analyst Adam at Greeks.live stated in a post on Platform X that the crypto market has cooled down somewhat, with $90,000 becoming an important battleground. Stocks represented by Tesla and nvidia have performed poorly, and the crypto market trend has shifted towards Meme. These signals all point to a relatively dangerous direction, with the potential for significant volatility in both directions.
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