Bitdeer recently hosted its inaugural Mining Awards ceremony, honoring industry leaders in cryptocurrency mining. The Antminer S21 clinched the coveted title of “Technological Breakthrough of the Year” following its release in autumn 2023. The device boasts an impressive hashrate of 200 T and an energy efficiency ratio of 17.5 J/TH.
Foundry, boasting a substantial 28.1% global hashrate, rightfully earned the accolade of mining pool of the year. Meanwhile, NiceHash was recognized as the best cloud hashrate platform.
Whatsminer secured the title in the “Mining Deal of the Year” category, having formalized a $380 million agreement with Phoenix Group in December to spearhead environmentally-friendly Bitcoin mining strategies.
Bitdeer, the event organizer, was previously under the ownership of Bitmain until 2021.
In 2022, cryptocurrency mining activities contributed to approximately 2.3% of total energy consumption in the United States. Notably, the state of Utah incurred significant electricity expenses, as reported by the Energy Information Agency (EIA).