Post
Topic
Board Bitcoin Discussion
Bitcoin has overtaken on energy costs Tajikistan
by
jimblasko
on 06/10/2017, 20:06:02 UTC
The aggregate energy spent on the production of crypto-currency bitcoin exceeded the energy costs of quite large countries. For energy costs, bitcoin has already outstripped, for example, Tajikistan.

How much electricity does bitcoin consume?


DigiEconomist charts show that to date, the total energy consumption for the extraction of only one of the crypto-currencies - bitcoin - is 14.6 terawatts-hours. By the way, Ethereum consumes three times less - only about 5 TW. Well, Tajikistan consumes slightly less than bitcoin - 13 TW.

And what about other countries?


Well, if you continue the list of comparisons, then, for example, compared with the energy costs of Belarus, this is only half the amount. Or only 10 times less than electricity consumption in Ukraine. Well, 70 times less than the energy consumption of the whole of Russia.