Bitcoins energy consumption: Everything you need to know
Wind turbines in Belgium. Wind turbines currently produce the cheapest electricity in the world.
picture: keystone
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17.03.21, 10:39 18.03.21, 13:06
Patrick Toggweiler
How much power does the Bitcoin network consume right now?
Cryptomining in the Swiss village of Gondo 2018, image: keystone
picture: KEYSTONE
Bitcoin s power consumption depends on the hardware used for it. Newer mining hardware consumes less electricity than old hardware relative to the mining power (so-called hash power). However, only the mining power generated by the entire system can be measured. This is currently 154.0 EH/s (154 quintillion hashes per second).