2 ms·
>As of mid-May, electricity demand for bitcoin is hovering around 143 terawatt-hours, significantly outpacing electricity consumption of several countries inclu
by Traster 5y ago
>As of mid-May, electricity demand for bitcoin is hovering around 143 terawatt-hours, significantly outpacing electricity consumption of several countries including Argentina.
source: https://www.nasdaq.com/articles/how-much-energy-does-bitcoin-really-consume-2021-05-13 https://www.nasdaq.com/articles/how-much-energy-does-bitcoin...
According to enerdata [2] the world produces over 30k TWH in electricity alone. So, it's not even close. It's also worth noting that there's lots of "Bitcoin uses more energy than X countries" but it's more "Bitcoin uses more energy than each of X countries individually - not cumulatively"
[2]:https://yearbook.enerdata.net/electricity/world-electricity-production-statistics.html https://yearbook.enerdata.net/electricity/world-electricity-...