Cryptocurrency Q&A How much electricity is needed to mine bitcoin?

How much electricity is needed to mine bitcoin?

QuasarStorm QuasarStorm Tue Dec 10 2024 | 7 answers 1617
I'm curious about the amount of electricity required for Bitcoin mining. I want to know how much power it takes to support this cryptocurrency mining process. How much electricity is needed to mine bitcoin?

7 answers

Alessandro Alessandro Thu Dec 12 2024
The New York Times has drawn a comparison between Bitcoin's annual energy consumption and Finland's yearly power usage.

Was this helpful?

370
87
HanjiArtist HanjiArtist Thu Dec 12 2024
This revelation underscores the significant amount of energy required to mine Bitcoin.

Was this helpful?

221
62
Andrea Andrea Wed Dec 11 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the crypto market.

Was this helpful?

379
89
Alessandra Alessandra Wed Dec 11 2024
Even the most optimized Bitcoin mining operations require a substantial amount of power.

Was this helpful?

257
58
Federica Federica Wed Dec 11 2024
Specifically, it takes approximately 155,000 kWh to mine one Bitcoin.

Was this helpful?

69
74
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts