Bitcoin Energy Consumption Index

The Bitcoin Energy Consumption Index provides the latest estimate of the total energy consumption of the Bitcoin network. NEW STUDY: Bitcoin Boom: What Rising Prices Mean for the Network’s Energy Consumption, concluding the Bitcoin network could consume as much energy as all data centers globally, with an associated carbon footprint matching London’s footprint size. (March 2021).  Download data. Annualized Total Bitcoin Footprints Single Bitcoin Transaction Footprints *The assumptions underlying this energy consumption estimate can be found here. Criticism and potential validation of the estimate is discussed here.**The minimum is calculated from the total network hashrate, assuming the only machine … Continue reading Bitcoin Energy Consumption Index