Bitcoin Electricity Consumption Index

Bitcoin energy consumption index the bitcoin energy consumption index provides the latest estimate of the total energy consumption of the bitcoin network.

Bitcoin electricity consumption index.

Currently the cbeci says the global bitcoin network is consuming more than seven gigwatts of electricity. Alex de vries bitcoin energy consumption index. That s the equivalent of 0 13 of total global electricity consumption. Coinshare s bitcoin mining using renewable energy report.

The cambridge centre for alternative finance launches a new real time index tracking the total electricity consumption of the bitcoin network. The cambridge bitcoin electricity consumption index cbeci provides a real time estimate of the total electricity consumption of the bitcoin network. Mark bevand s electricity consumption of bitcoin blog post. The cambridge bitcoin electricity consumption index cbeci updates estimates every 30 seconds along with upper and lower bounds for the estimate.

A daily estimate of bitcoin s energy consumption is provided by the bitcoin energy consumption index. Btc uses less energy than the czech republic but more than switzerland each year. The page estimates the consumption of the bitcoin network which consists of the cumulative energy requirements of everything on the bitcoin network. Dan held pow is efficient.

Last week during the cambridge centre. Cambridge bitcoin electricity consumption index updates every 30 seconds. 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. The cbeci is maintained by the cambridge centre for alternative finance ccaf at judge business school university of cambridge.

Over the course of a year that s equal to around 64 twh or terawatt hours of energy. The quantum threat to bitcoin with quantum physicist dr. This index is built on the economic theory discussed previously but has a few specific assumptions that are put in place to produce the most likely day to day estimate. Live energy consumption index.

Cambridge bitcoin electricity consumption index. Cambridge bitcoin electricity consumption index the cambridge centre for alternative finance ccaf launched an index to track the annual electricity consumption of the bitcoin network. Study reveals bitcoin s electricity consumption is underestimated and finds the network represents close to half of the current global data centre electricity use august 2020.