Mining

Bitcoin’s Proof of Work (POW) Mining – Environmental Impact

  • Bitcoin’s current estimated annual electricity consumption                             41.42 TWh
  • Country closest to Bitcoin in terms of energy consumption                              New Zealand
  • Estimated electricity used over the previous day                                                113,489,048 KWh
  • Electricity consumed per transaction                                                                     332.0 KWh
  • Number of U.S. households that could be powered by Bitcoin                         3,835,509
  • Number of U.S. households powered for 1 day per transaction                        11.21
  • Carbon footprint per transaction                                                                             162.48 kg of CO2

 

Best Mining Alternative - Proof of Stake

Index