Bitcoin Energy Consumption Index

The Bitcoin Energy Consumption Index provides the latest estimate of the total energy consumption of the Bitcoin network. NEW RESEARCH: “Revisiting Bitcoin’s carbon footprint” (February 2022); how Bitcoin got dirtier after the Chinese mining crackdown in 2021. 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 used in the network is Bitmain’s Antminer S9 (drawing 1,500 watts each). On February 13, 2019, the minimum benchmark was changed to … Continue reading Bitcoin Energy Consumption Index