As the price of bitcoin craters, the global computer network that supports it is guzzling less energy for the first time in years.As a general rule, the price of bitcoin and the energy consumed by the computers that mine it move in tandem: The higher the price, the more miners work to mine bitcoin. The correlation is imperfect, however, because of discrepancies in the energy efficiency of mining computers in different parts of the world, and because of local discrepancies in the price of energy (i.e., the price at which bitcoin becomes profitable relative to energy costs).When the price of bitcoin soared over the last two years, energy consumption rose and then plateaued, as many miners foun
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