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Digiconomist

@DigiEconomist

Exposing the Unintended Consequences of Digital Trends. Mastodon: @[email protected] Bluesky: @digiconomist.bsky.social

calendar_today21-02-2014 19:30:41

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“Bitcoin is getting more efficient”

Average energy consumed per BTC transaction:

2017: 169kWh
2018: 768kWh
2019: 563kWh
2020: 627kWh
2021: 1,386kWh
Current: 2,316kWh

Avg. per US household per day: 29kWh

Bitcoin’s capacity is limited, but there’s no ceiling to the energy usage

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