Bitcoin Electricity Consumption Index

Coinshare s bitcoin mining using renewable energy report.

Bitcoin electricity consumption index.

Currently the cbeci says the global bitcoin network is consuming more than seven gigwatts of electricity. The quantum threat to bitcoin with quantum physicist dr. Last week during the cambridge centre. The cambridge bitcoin electricity consumption index cbeci provides a real time estimate of the total electricity consumption of the bitcoin network.

Mark bevand s electricity consumption of bitcoin blog post. The page estimates the consumption of the bitcoin network which consists of the cumulative energy requirements of everything on the bitcoin network. A daily estimate of bitcoin s energy consumption is provided by the bitcoin energy consumption index. Alex de vries bitcoin energy consumption index.

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. That s the equivalent of 0 13 of total global electricity consumption. The cbeci is maintained by the cambridge centre for alternative finance ccaf at judge business school university of cambridge. Other relevant wbd podcasts.

Dan held pow is efficient. Cambridge bitcoin electricity consumption index. You can view today s current estimated electricity consumption for the bitcoin network. 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.

Over the course of a year that s equal to around 64 twh or terawatt hours of energy. 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 launches a new real time index tracking the total electricity consumption of the bitcoin network. Live energy consumption index.

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. Cambridge bitcoin electricity consumption index updates every 30 seconds. 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.