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> 1TW is around 20% of global energy production. It's estimated all of the U.S. is ~17% of global energy. [1] "According to the Cambridge Center for Alternati
by zsmi 5y ago
> 1TW is around 20% of global energy production.
It's estimated all of the U.S. is ~17% of global energy. [1]
"According to the Cambridge Center for Alternative Finance (CCAF), Bitcoin currently consumes around 110 Terawatt Hours per year — 0.55% of global electricity production, or roughly equivalent to the annual energy draw of small countries like Malaysia or Sweden." [2]
[1] https://www.eia.gov/tools/faqs/faq.php?id=87&t=1 https://www.eia.gov/tools/faqs/faq.php?id=87&t=1
[2] https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume https://hbr.org/2021/05/how-much-energy-does-bitcoin-actuall...