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Bitcoin network power demand
historyupdated every 24 hours
Theoretical lower bound
7.68
GW
67.33
TWh
Estimated help
16.07
GW
Annualised
consumption help
consumption help
140.87
TWh
Theoretical upper bound
28.01
GW
245.53
TWh
Note: a 7-day moving average is applied to reduce the effect of short-term hashrate volatility. The model begins on July 18th 2010 due to a lack of available price data for the prior period.
Monthly
* Year to Date (YTD)
Note: monthly consumption figures are the sum of daily consumption figures calculated by assuming constant power usage over 24 hours at the daily best-guess estimate of Bitcoin’s network power demand. The cumulative consumption is the sum of monthly totals since the start of the model on July 18th 2010. A separate analysis that ignores profitability considerations suggests that the cumulative consumption for the period between January 2009 and July 2010 has only amounted to 4.74 megawatt-hours (MWh), or 0.00000474 TWh – a mere rounding error. It is therefore safe to assume that the cumulative consumption figure listed above provides a robust estimate of Bitcoin’s total consumption since its inception in 2009.