Post
Topic
Board Bitcoin Discussion
Re: how much does it cost to "produce" 1 BTC currently? and how much power is used?
by
dio
on 16/05/2011, 12:47:24 UTC

Currently you need ~160MHashes/s to generate 1 BTC on average per day. Power draw is somewhere between 1-1.5 W/MHash/s, so ~4-6 kW/day can be expected (a minig rig that small would have a bit more of overhead from other components, so I'll use the 6 kW/day further on)


hmm so basically for every BTC 144 pounds of carbon dioxide are created (1kwH creates about a pound on average)?! why is it necessary to waste so much energy and create such a huge carbon footprint?