Bitcoin Electricity Consumption Index

The cambridge bitcoin electricity consumption index cbeci updates estimates every 30 seconds along with upper and lower bounds for the estimate.

Bitcoin electricity consumption index.

Dan held pow is efficient. Last week during the cambridge centre. Other relevant wbd podcasts. 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.

The quantum threat to bitcoin with quantum physicist dr. Cambridge bitcoin electricity consumption index. Over the course of a year that s equal to around 64 twh or terawatt hours of energy. Bitcoin energy consumption index the bitcoin energy consumption index provides the latest estimate of the total energy consumption of the bitcoin network.

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. Mark bevand s electricity consumption of bitcoin blog post. 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.

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. You can view today s current estimated electricity consumption for the bitcoin network. The page estimates the consumption of the bitcoin network which consists of the cumulative energy requirements of everything on the bitcoin network.

That s the equivalent of 0 13 of total global electricity consumption. Alex de vries bitcoin energy consumption index. The cbeci is maintained by the cambridge centre for alternative finance ccaf at judge business school university of cambridge. Coinshare s bitcoin mining using renewable energy report.

Currently the cbeci says the global bitcoin network is consuming more than seven gigwatts of electricity. 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. The cambridge centre for alternative finance ccaf an academic research centre at cambridge judge business school university of cambridge today launched the cbeci the index provides a real time estimate of the total annual electricity usage of the.