Bitcoin's power consumption this year has already surpassed all of 2020's

Cointelegraph

Published Sep 14, 2021 11:30PM ET

Updated Sep 15, 2021 01:40AM ET

A new study suggests that Bitcoin has already used more power so far this year than it did in all of 2020.

By the end of the year, the Bitcoin network will have consumed 91 TW/h (terawatt-hours or one trillion watts per hour) and it has already consumed more than the estimated 67 TW/h for all of 2020 according to a Sept. 13 Bloomberg report.

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