Energy Used by Idle Devices in the US Can Power Bitcoin For 4 Years

“Academic researchers at the University of Cambridge (UoC) have launched a real-time index that tracks the total electricity consumption of the Bitcoin network…

As commentators on crypto twitter have already picked up, the CBECI indicates that the electricity wasted each year by always-on but inactive home devices in the U.S. alone could apparently power the Bitcoin network for 4 years.

Conversely, the amount of power consumed by the Bitcoin network in one year could power all tea kettles used to boil water for 11 years in the United Kingdom, and 1.5 years in Europe (incl. the U.K.)”

Master Asked on July 3, 2019 in Bitcoin.
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