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Topic: Bitcoin mining to consume all the world’s electricity by February 2020 (Read 171 times) previous topic - next topic

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Bitcoin mining to consume all the world’s electricity by February 2020
Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa
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According to Digiconomist's Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin's current estimated annual electricity consumption stands at 29.05TWh.
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As mentioned, above the data for Bitcoin mining energy consumption comes from the Bitcoin Energy Consumption Index. You can read about their assumptions here.

Electricity consumption data mostly comes from the CIA via Wikipedia and is mostly for 2014, since that's the most recent year available. Unlike some other sources it includes, residential, commercial and industrial use, so may be higher than other figures quoted elsewhere.

Re: Bitcoin mining to consume all the world’s electricity by February 2020
Reply #1
GREAT SCOTT!