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Bitcoin’s annual electrical energy consumption is higher than all current EVs, annually

Bitcoin

https://preview.redd.it/7ius5dj7xmm61.png?width=1134&format=png&auto=webp&s=5e530fe1d3a43babcb2a5ebbddaaa10002d797cf

Sources: [Bitcoin is a mouth hungry for fossil fuels – Ketan Joshi](https://ketanjoshi.co/2021/03/11/bitcoin-is-a-mouth-hungry-for-fossil-fuels/)



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5 Comments

  1. Bitcoin mining does **not consume coal/oil to produce electricity**. This is an issue with the electric company.

    Bitcoin mining **consumes electricity** to keep the network running. Mostly green electricity like the rest of the global networks.

    These are two **different** markets with different regulations.

  2. OP should read these links.

    https://unchained-capital.com/blog/bitcoin-does-not-waste-energy/

    https://www.youtube.com/watch?v=GHoWqS7wwc0&feature=youtu.be

    https://www.youtube.com/watch?v=2T0OUIW89II

    https://dentaltips.org/blog/bitcoinenergy

    https://cointelegraph.com/news/is-bitcoin-a-waste-of-energy-pros-and-cons-about-bitcoin-mining/amp

    https://bitcoinmagazine.com/articles/how-large-scale-bitcoin-mining-is-driving-clean-energy-innovation

    https://www.youtube.com/watch?v=d5JQfZdJLjY

    https://www.youtube.com/watch?v=0Q9_-WDhpoQ

    https://phys.org/news/2015-12-christmas-energy-entire-countries.html

    https://cleantechnica.com/2021/01/31/are-cryptocurrencies-really-bad-for-the-environment/

    https://www.iea.org/commentaries/bitcoin-energy-use-mined-the-gap

    https://www.fidelitydigitalassets.com/articles/addressing-bitcoin-criticisms

    https://coinshares.com/research

    https://www.coindesk.com/the-last-word-on-bitcoins-energy-consumption

    https://coinshares.com/research/bitcoin-mining-network-december-2019

    https://www.vox.com/2019/6/18/18642645/bitcoin-energy-price-renewable-china

    https://philippsandner.medium.com/the-green-bitcoin-theory-how-are-bitcoin-electricity-consumption-and-green-energy-related-b541b23424ab

    always on apllicances use more than BTC https://www.bbc.com/news/technology-56012952

    1/ Bitcoin’s energy consumption is not “wasteful.” https://twitter.com/danheld/status/1351235141734170628?s=20

    https://news.bitcoin.com/bitcoin-energy-consumption-is-far-more-efficient-and-greener-than-todays-banking-system/

    facebook energy : https://www.statista.com/statistics/580087/energy-use-of-facebook/

    Instagram https://www.rt.com/sport/506960-cristiano-ronaldo-instagram-energy/
    Bitcoin CO2 footprint: https://digiconomist.net/bitcoin-energy-consumption/

    2020 gold produced: https://www.statista.com/statistics/264628/world-mine-production-of-gold/

    Gold CO2 estimate: https://www.spglobal.com/marketintelligence/en/news-insights/blog/greenhouse-gas-and-gold-mines-nearly-1-ton-of-co2-emitted-per-ounce-of-gold-produced-in-2019

    Bitcoin Index: https://cbeci.org

    Paris Agreement: https://en.m.wikipedia.org/wiki/Paris_Agreement

    Environmental impact of gold: https://www.earthworks.org/campaigns/no-dirty-gold/impacts/

    China’s renewable energy: https://www.nature.com/articles/s41467-020-16184-x

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