{"id":82316,"date":"2023-07-03T15:40:59","date_gmt":"2023-07-03T15:40:59","guid":{"rendered":"https:\/\/www.techopedia.com"},"modified":"2024-11-20T18:20:29","modified_gmt":"2024-11-20T18:20:29","slug":"60-bitcoin-mining-and-energy-consumption-statistics-for-cur_month-cur_year-you-need-to-know-2","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics","title":{"rendered":"60+ Bitcoin Mining and Energy Consumption Statistics For 2025"},"content":{"rendered":"<p><a href=\"https:\/\/www.techopedia.com\/definition\/31867\/bitcoin-mining\">Bitcoin mining&#8217;s<\/a> energy consumption is a highly controversial topic that has sparked the ire of environmentalists and lawmakers. On the other side of the spectrum are <a href=\"https:\/\/www.techopedia.com\/definition\/27531\/cryptocurrency\">cryptocurrency<\/a> believers and <a href=\"https:\/\/www.techopedia.com\/cryptocurrency\/bitcoin-price-prediction\">Bitcoin<\/a> enthusiasts who will tell you that the Bitcoin <a href=\"https:\/\/www.techopedia.com\/definition\/30246\/blockchain\">blockchain&#8217;s<\/a> impregnable security is derived from its energy consumption.<\/p>\n<p>If you are interested in understanding why Bitcoin mining uses so much energy and how the Bitcoin mining energy consumption stats have changed over the recent years, we have compiled comprehensive Bitcoin mining and energy consumption statistics for 2025.<\/p>\n<div class=\"su-note\"  style=\"border-color:#dddddd;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#F7F7F7;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2><span id=\"key_takeaways\">Key Takeaways<\/span><\/h2>\n<ul>\n<li>Bitcoin&#8217;s daily power demand was estimated at about 20.15 gigawatt hours (GWH) as of November 20, 2024, which accounts for an annualized estimate of 176.62 TWh.<\/li>\n<li>The US was the <a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/bitcoin-mining-by-country\" target=\"_blank\">largest Bitcoin mining industry<\/a> globally in 2024, representing over 37.8% of the global Bitcoin network&#8217;s hash rate.<\/li>\n<li>The US overtook China as the top Bitcoin mining nation following the crackdown on the Bitcoin mining industry in China in mid-2021.<\/li>\n<li>The high cost associated with Bitcoin mining prevents blockchain vulnerabilities like Sybil attacks and 51% attacks.<\/li>\n<li>The most recent research estimated that it will cost over $20 billion per hour to attack Bitcoin.<\/li>\n<li>Studies have shown that Bitcoin&#8217;s annual energy consumption is estimated to be more than that of several nations, including Poland, Egypt, and Malaysia.<\/li>\n<li>Coal&#8217;s share in Bitcoin&#8217;s energy mix has decreased over the years.<\/li>\n<li>Texas was the top Bitcoin-producing state in the US in 2023.<\/li>\n<\/ul>\n<\/div><\/div>\n<div>\n    <section class=\"toc-sticky w-100 bg-white \">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\"\n                 aria-controls=\"multiCollapse1\"\n                 data-bs-target=\"#multiCollapse1\">\n                <button\n                        class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\"\n                >\n                    <i class=\"icon-chevron-up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n                <span class=\"toc-main-title-permanent\">Table of Contents<\/span>\n            <\/div>\n            <div\n                    class=\"collapse my-3\"\n                    id=\"multiCollapse1\"\n            >\n                <ol class=\"StepProgress\">\n                                                                        <li class=\"StepProgress-item current\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"key_takeaways\"\n                               onclick=handleScrollToTitle(\"key_takeaways\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Key Takeaways<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"why_does_bitcoin_mining_consume_so_much_energy\"\n                               onclick=handleScrollToTitle(\"why_does_bitcoin_mining_consume_so_much_energy\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Why Does Bitcoin Mining Consume So Much Energy?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"what_is_the_cost_of_attacking_bitcoin\"\n                               onclick=handleScrollToTitle(\"what_is_the_cost_of_attacking_bitcoin\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">What Is the Cost of Attacking Bitcoin?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"how_much_energy_does_bitcoin_mining_use\"\n                               onclick=handleScrollToTitle(\"how_much_energy_does_bitcoin_mining_use\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">How Much Energy Does Bitcoin Mining Use?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"bitcoins_sustainability_approach_bitcoin_mining_green_energy_stats\"\n                               onclick=handleScrollToTitle(\"bitcoins_sustainability_approach_bitcoin_mining_green_energy_stats\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Bitcoin's Sustainability Approach: Bitcoin Mining Green Energy Stats<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"bitcoin_mining_and_energy_consumption_stats_of_the_worlds_largest_bitcoin_mining_companies\"\n                               onclick=handleScrollToTitle(\"bitcoin_mining_and_energy_consumption_stats_of_the_worlds_largest_bitcoin_mining_companies\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Bitcoin Mining and Energy Consumption Stats of the World's Largest Bitcoin Mining Companies<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"geographic_locations_of_bitcoin_miners\"\n                               onclick=handleScrollToTitle(\"geographic_locations_of_bitcoin_miners\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Geographic Locations of Bitcoin Miners<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"top_bitcoin_mining_pools_by_hash_rate\"\n                               onclick=handleScrollToTitle(\"top_bitcoin_mining_pools_by_hash_rate\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Top Bitcoin Mining Pools by Hash Rate<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"state_of_the_bitcoin_mining_industry_in_the_us\"\n                               onclick=handleScrollToTitle(\"state_of_the_bitcoin_mining_industry_in_the_us\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">State of the Bitcoin Mining Industry in the US<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"bitcoin_mining_vs_gold_mining_stats\"\n                               onclick=handleScrollToTitle(\"bitcoin_mining_vs_gold_mining_stats\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Bitcoin Mining vs Gold Mining Stats<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"technical_bitcoin_mining_stats\"\n                               onclick=handleScrollToTitle(\"technical_bitcoin_mining_stats\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Technical Bitcoin Mining Stats<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_bottom_line\"\n                               onclick=handleScrollToTitle(\"the_bottom_line\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Bottom Line<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"faqs\"\n                               onclick=handleScrollToTitle(\"faqs\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"references\"\n                               onclick=handleScrollToTitle(\"references\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">References<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                    <\/ol>\n                <div class=\"toc-sticky__container__disperse\"><\/div>\n                <div class=\"toc-sticky__btn-top justify-content-center\">\n                    <button class=\"btn btn-link d-flex align-items-center\" onclick={btnTop()}><p>Show Full Guide<\/p><img decoding=\"async\"\n                                src=\"\/wp-content\/plugins\/table-of-contents\/assets\/images\/arrow-up-circle.svg\"\n                                alt=\"arrow-up-circle\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n    <div class=\"toc-sticky-list\">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\" aria-controls=\"multiCollapse2\" data-bs-target=\"#multiCollapse2\">\n                <button class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\">\n                    <i class=\"icon-chevron-up up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n            <\/div>\n            <div  class=\"collapse my-3\" id=\"multiCollapse2\">\n                <ol class=\"StepProgress\">\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item current \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"key_takeaways\"\n                                   onclick=handleScrollToTitle(\"key_takeaways\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Key Takeaways<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"why_does_bitcoin_mining_consume_so_much_energy\"\n                                   onclick=handleScrollToTitle(\"why_does_bitcoin_mining_consume_so_much_energy\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Why Does Bitcoin Mining Consume So Much Energy?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"what_is_the_cost_of_attacking_bitcoin\"\n                                   onclick=handleScrollToTitle(\"what_is_the_cost_of_attacking_bitcoin\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">What Is the Cost of Attacking Bitcoin?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t\n\t\t\t\t\t\t <span class=\"show_moretoc\">Show Full Guide<\/span>\n\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"how_much_energy_does_bitcoin_mining_use\"\n                                   onclick=handleScrollToTitle(\"how_much_energy_does_bitcoin_mining_use\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">How Much Energy Does Bitcoin Mining Use?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"bitcoins_sustainability_approach_bitcoin_mining_green_energy_stats\"\n                                   onclick=handleScrollToTitle(\"bitcoins_sustainability_approach_bitcoin_mining_green_energy_stats\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Bitcoin's Sustainability Approach: Bitcoin Mining Green Energy Stats<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"bitcoin_mining_and_energy_consumption_stats_of_the_worlds_largest_bitcoin_mining_companies\"\n                                   onclick=handleScrollToTitle(\"bitcoin_mining_and_energy_consumption_stats_of_the_worlds_largest_bitcoin_mining_companies\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Bitcoin Mining and Energy Consumption Stats of the World's Largest Bitcoin Mining Companies<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"geographic_locations_of_bitcoin_miners\"\n                                   onclick=handleScrollToTitle(\"geographic_locations_of_bitcoin_miners\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Geographic Locations of Bitcoin Miners<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"top_bitcoin_mining_pools_by_hash_rate\"\n                                   onclick=handleScrollToTitle(\"top_bitcoin_mining_pools_by_hash_rate\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Top Bitcoin Mining Pools by Hash Rate<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"state_of_the_bitcoin_mining_industry_in_the_us\"\n                                   onclick=handleScrollToTitle(\"state_of_the_bitcoin_mining_industry_in_the_us\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">State of the Bitcoin Mining Industry in the US<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"bitcoin_mining_vs_gold_mining_stats\"\n                                   onclick=handleScrollToTitle(\"bitcoin_mining_vs_gold_mining_stats\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Bitcoin Mining vs Gold Mining Stats<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"technical_bitcoin_mining_stats\"\n                                   onclick=handleScrollToTitle(\"technical_bitcoin_mining_stats\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Technical Bitcoin Mining Stats<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_bottom_line\"\n                                   onclick=handleScrollToTitle(\"the_bottom_line\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Bottom Line<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"faqs\"\n                                   onclick=handleScrollToTitle(\"faqs\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">FAQs<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"references\"\n                                   onclick=handleScrollToTitle(\"references\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">References<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                                    <\/ol>\n            <\/div>\n            <div class=\"toc-sticky__container__disperse\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script id=\"toc-js\">\n    window.addEventListener(\"DOMContentLoaded\", () => {\n        const header = document.querySelector(\".header_wrapper\");\n\n        const pageLegend = document.querySelector('#multiCollapse1');\n        const pageLegendList = document.querySelector('#multiCollapse2');\n        const pageLegendCollapse = new bootstrap.Collapse(pageLegend, {toggle: document.querySelector(\".toc-sticky\").classList.contains('sticky')});\n\n        \/**\n         * Changing current title\n         *\/\n        (function (pageLegend) {\n            const titleNodes = pageLegend.querySelectorAll('.StepProgress-item__link');\n\n            if (!titleNodes.length) return;\n\n            const titles = [...titleNodes].map((itm, i) => ({\n                id: itm.getAttribute('data-id'),\n                text: itm.textContent,\n                level: itm.getAttribute('data-level'),\n                linkNode: itm,\n                titleNode: document.getElementById(itm.getAttribute('data-id')),\n                index: i,\n            }));\n\n            \/**\n             * Source: https:\/\/www.sitepoint.com\/throttle-scroll-events\/\n             * @param {Function} fn\n             * @param {number} wait\n             * @returns {(function(): void)|*}\n             *\/\n            const throttle = (fn, wait) => {\n                let time = Date.now();\n                return function () {\n                    if ((time + wait - Date.now()) < 0) {\n                        fn();\n                        time = Date.now();\n                    }\n                }\n            }\n\n            const changeCurrentTitle = () => {\n                const documentScrollTop = window.pageYOffset || document.documentElement.scrollTop || document.body.scrollTop || 0;\n                let current = 0;\n\n                \/\/ Title\n                titles.forEach((itm, i) => {\n\t\t\t\t\/\/console.log(itm)\n                    const itmOffsetTop = itm.titleNode ? itm.titleNode.offsetTop - 100 : 0;\n\n                    if (documentScrollTop >= itmOffsetTop) {\n                        document.getElementById('toc-current-title').innerHTML = itm.text;\n                        document.getElementById('toc-current-title').setAttribute('data-current-id', itm.id);\n                        document.getElementById('toc-current-title').setAttribute('data-current-level', itm.level);\n                        current = i;\n                    }\n                })\n\n                \/\/ close all list and open sub list if needed\n                if (document.querySelector(\".toc-sticky\").classList.contains('sticky')) {\n                    document.querySelectorAll('.subList-in-progress').forEach((el) => {\n                        el.children[1].classList.remove('show');\n                        el.getElementsByClassName('icon-chevron-down')[0].classList.remove('up');\n                    });\n                    const currentEl = titles[current];\n                    currentEl.linkNode.classList.add('show');\n                }\n\n                titles.forEach((itm, i) => {\n                    itm.linkNode.parentNode.parentNode.classList.remove('current', 'is-done');\n                    if (current > i) {\n                        itm.linkNode.parentNode.parentNode.classList.add('is-done')\n                    };\n                    if (current === i) {\n                      itm.linkNode.parentNode.parentNode.classList.add('current');\n                    };\n                })\n\n            }\n\n            changeCurrentTitle();\n\n            document.addEventListener('scroll', throttle(changeCurrentTitle, 50));\n        })(pageLegend);\n\n\n        \/**\n         *  Collapse\n         *\/\n        (function (pageLegend, header) {\n            const icon = pageLegend.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = (status) => (e) => {\n                if (!e.target.isEqualNode(pageLegend)) return;\n\n                icon.classList.toggle(\"up\");\n\n                const containerHeight = pageLegend.getBoundingClientRect().height;\n\n                const showSubtitleContent = () => {\n                    const currentId = document.getElementById('toc-current-title').getAttribute('data-current-id');\n                    const currentLevel = document.getElementById('toc-current-title').getAttribute('data-current-level');\n                    const currentSubTitle = currentLevel == 3 ? document.querySelector(`a[data-id=\"${currentId}\"]`).parentNode.parentNode.parentNode : false;\n\n                    if (!currentSubTitle) return;\n                    new bootstrap.Collapse(currentSubTitle, {toggle: false}).show();\n                }\n\n                showSubtitleContent();\n                if (status === 'shown' && document.querySelector(\".toc-sticky\").classList.contains('sticky') ) {\n                    document.querySelector('html').classList.remove('overflow-hidden');\n                    pageLegend.classList.add('overflow-auto');\n                    pageLegend.style.height = `calc(100vh - ${header.getBoundingClientRect().height + document.querySelector('.toc-sticky__open').getBoundingClientRect().height + 16}px)`;\n                } else if (status === 'hide') {\n                    document.querySelector('html').classList.remove('overflow-hidden');\n                    pageLegend.classList.remove('overflow-auto');\n                    pageLegend.style.height = 'auto';\n                }\n            }\n\n            pageLegend.addEventListener('shown.bs.collapse', collapseToggle('shown'));\n            pageLegend.addEventListener('hide.bs.collapse', collapseToggle('hide'));\n        })(pageLegend, header);\n\n        \/**\n         * Collapse sub-titles\n         *\/\n        (function (pageLegend) {\n            const collapseEls = pageLegend.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegend);\n\n        \/**\n         *  Collapse main title\n         *\/\n        (function (pageLegendList) {\n            const icon = pageLegendList.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = () => (e) => {\n                if (!e.target.isEqualNode(pageLegendList)) return;\n\n                icon.classList.toggle(\"up\");\n\n            }\n            pageLegendList.addEventListener('shown.bs.collapse', collapseToggle());\n            pageLegendList.addEventListener('hide.bs.collapse', collapseToggle());\n        })(pageLegendList);\n\n        (function (pageLegendList) {\n            const collapseEls = pageLegendList.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.toc-sticky-list .collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegendList);\n\n        \/**\n         * Sticky functionality\n         * Source: https:\/\/stackoverflow.com\/questions\/17893771\/javascript-sticky-div-after-scroll\n         *\/\n        (function (header, pageLegendCollapse) {\n            \/\/ set everything outside the onscroll event (less work per scroll)\n            const target = document.querySelector(\".toc-sticky\");\n            const targetListStatic = document.querySelector(\".toc-sticky-list\");\n\n            if (!target || !header) return;\n\n            const headerHeight = header.getBoundingClientRect().height;\n            const targetHeight = targetListStatic.getBoundingClientRect().height;\n\n            \/\/ -headerHeight so it won't be jumpy\n            const stop = targetListStatic.offsetTop + headerHeight + targetHeight;\n            const docBody =\n                document.documentElement || document.body.parentNode || document.body;\n            const hasOffset = window.pageYOffset !== undefined;\n\n            const applySticky = function () {\n                \/\/ cross-browser compatible scrollTop.\n                const scrollTop = hasOffset ? window.pageYOffset : docBody.scrollTop;\n\n                \/\/ if user scrolls to headerHeight from the top of the target div\n                if (scrollTop >= stop) {\n                    pageLegendCollapse.hide();\n                    \/\/ stick the div\n                    target.classList.add(\"sticky\");\n                    \/\/target.style.marginTop = `${headerHeight}px`;\n                } else {\n                    pageLegendCollapse.show();\n                    \/\/ release the div\n                    target.classList.remove(\"sticky\");\n                    target.style.marginTop = \"\";\n                }\n            }\n\n            applySticky();\n\n            window.addEventListener('scroll', applySticky);\n        })(header, pageLegendCollapse);\n\tjQuery('span.show_moretoc').click(function(){\n\t\tjQuery('span.show_moretoc').hide();\n\t   jQuery('.ms_hidetoc').show();\n\t});\n    });\n\n    \/\/ When the user clicks on the button, scroll to the top of the document\n    function btnTop() {\n        const pageLegend = document.querySelector('#multiCollapse1');\n        document.querySelector('html').classList.remove('overflow-hidden');\n        pageLegend.classList.remove('overflow-auto');\n        pageLegend.style.height = 'auto';\n        window.scrollTo({\n            top: 0,\n            behavior: 'smooth'\n        });\n    }\n\n    const handleScrollToTitle = (id) => {\n        const el = document.getElementById(id);\n        const headerHeightDifference = window.innerWidth < 992 ? -30 : -15;\n        window.scrollTo({\n            top: el.offsetTop - 60 - headerHeightDifference - 10,\n        });\n    }\n<\/script>\n\n<h2><span id=\"why_does_bitcoin_mining_consume_so_much_energy\">Why Does Bitcoin Mining Consume So Much Energy?<\/span><\/h2>\n<p><a href=\"https:\/\/www.techopedia.com\/definition\/27193\/bitcoin-btc\">Bitcoin<\/a> is a <a href=\"https:\/\/www.techopedia.com\/definition\/decentralization\">decentralized<\/a> payment network that does not have any central authority to check, validate or censor transactions. In order to prevent fraudulent transactions, Bitcoin conducts a cryptographic function called <a href=\"https:\/\/www.techopedia.com\/definition\/33594\/proof-of-work-pow\">proof-of-work<\/a> (PoW) to validate transactions and to ensure that all network participants agree on the current state of the ledger.<\/p>\n<p>PoW is a costly process that requires <a href=\"https:\/\/www.techopedia.com\/definition\/32530\/mining-blockchain\">miners<\/a> to invest in computing hardware and expend electrical energy. Only people who invest in the process get the chance to change the state of the Bitcoin ledger. As an incentive for honest work, miners are rewarded newly-minted Bitcoins every time they add a new block to the Bitcoin ledger.<\/p>\n<p>The high cost associated with Bitcoin mining prevents blockchain vulnerabilities like <a href=\"https:\/\/www.techopedia.com\/definition\/sybil-attack\">Sybil attacks<\/a> and <a href=\"https:\/\/www.techopedia.com\/definition\/51-attack\">51% attacks<\/a>. A Sybil attack occurs when an attacker creates multiple fake identities to gain control of a network. A 51% attack occurs when a single entity gains control of more than 51% of a network&#8217;s computational power.<\/p>\n<h2><span id=\"what_is_the_cost_of_attacking_bitcoin\">What Is the Cost of Attacking Bitcoin?<\/span><\/h2>\n<p>According to a February 2024 research report by Lucas Nuzzi, Kyle Waters and Matias Andrade,<strong> it will <\/strong><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4727999\" target=\"_blank\"><strong>cost over $20 billion to conduct a 51% attack on Bitcoin<\/strong><\/a><strong> for one hour using the Bitmain S9 mining rigs<\/strong>, which was one of <a href=\"https:\/\/www.techopedia.com\/cryptocurrency\/best-bitcoin-mining-rigs\">the most popular mining rigs<\/a> at the time of writing.<\/p>\n<p>The high cost of acquiring mining rigs and expending electrical energy required in Bitcoin mining makes it theoretically unprofitable to conduct 51% of attacks on Bitcoin.<\/p>\n<figure id=\"attachment_208327\" aria-describedby=\"caption-attachment-208327\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/1-1-300x219.jpg\" alt=\"Total Cost-of-Attack for 1hr\" width=\"1200\" height=\"878\" class=\"wp-image-208327\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/1-1-300x219.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/1-1-768x562.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/1-1.jpg 960w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208327\" class=\"wp-caption-text\">Source: Breaking BFT: Quantifying the Cost to Attack Bitcoin and Ethereum<\/figcaption><\/figure>\n<h2><span id=\"how_much_energy_does_bitcoin_mining_use\">How Much Energy Does Bitcoin Mining Use?<\/span><\/h2>\n<p>Now that we understand that Bitcoin is designed to consume electricity for security let&#8217;s learn about the amount of energy Bitcoin mining consumes. Note that the Bitcoin mining energy consumption stats are estimates calculated by research firms.<\/p>\n<p>How much electricity does Bitcoin mining use per day? According to the Cambridge Bitcoin Electricity Consumption Index, <strong>Bitcoin&#8217;s <\/strong><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\" target=\"_blank\"><strong>daily power demand was estimated at about <\/strong><strong>20.15 gigawatt hours (GWH)<\/strong><\/a><strong> as of November 20, 2024.<\/strong><\/p>\n<p>Note that the daily figure keeps changing based on various factors, including BTC prices, <a href=\"https:\/\/www.techopedia.com\/definition\/33142\/hash-rate\">hash rate<\/a>, equipment used and energy prices.<\/p>\n<p><strong>Bitcoin&#8217;s annualized energy consumption was estimated at <\/strong><strong>176.62 terawatt hours (TWH) as of November 20<\/strong><strong>, 2024, which was <\/strong><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/comparisons\" target=\"_blank\"><strong>more than the annual energy consumption of several nations<\/strong><\/a><strong>, including Egypt, Malaysia and Poland, according to Cambridge Centre for Alternative Finance.<\/strong><\/p>\n<p>Cambridge Centre for Alternative Finance&#8217;s Bitcoin energy consumption chart showed that annualized electricity consumption, calculated on a seven-day moving average basis, was at near all-time high levels, as of October 2024.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption.jpg\" alt=\"Bitcoin Historical Annualized Electricity Consumption\" width=\"1200\" height=\"975\" class=\"aligncenter wp-image-359206\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption.jpg 1390w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption-300x244.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption-1024x832.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption-768x624.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Historical-Annualized-Electricity-Consumption-1200x975.jpg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3>Comparing Bitcoin&#8217;s Annualized Energy Consumption<\/h3>\n<p>In this section, we compare Bitcoin&#8217;s annualized energy consumption to that of nations, the gold mining industry and <a href=\"https:\/\/www.techopedia.com\/definition\/32571\/ethereum-cryptocurrency\">Ethereum<\/a>. The data was sourced from the Cambridge Centre for Alternative Finance.<br \/>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<th><strong>Crypto\/Industry\/Nations<\/strong><\/th>\n<th><strong>Annualized energy consumption estimates as of November 20, 2024<\/strong><\/th>\n<th><strong>Percentage difference vs Bitcoin<\/strong><\/th>\n<\/tr>\n<tr>\n<td>China<\/td>\n<td>7805 TWH<\/td>\n<td>+4334%<\/td>\n<\/tr>\n<tr>\n<td>United States<\/td>\n<td>3979 TWH<\/td>\n<td>+2160%<\/td>\n<\/tr>\n<tr>\n<td>India<\/td>\n<td>1442 TWH<\/td>\n<td>+719%<\/td>\n<\/tr>\n<tr>\n<td><strong>Bitcoin<\/strong><\/td>\n<td><strong>176.62 TWH<\/strong><\/td>\n<td><strong>NA<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Egypt<\/td>\n<td>168 TWH<\/td>\n<td>-4.5%<\/td>\n<\/tr>\n<tr>\n<td>Poland<\/td>\n<td>158 TWH<\/td>\n<td>-10.2%<\/td>\n<\/tr>\n<tr>\n<td>Malaysia<\/td>\n<td>150 TWH<\/td>\n<td>-14.7%<\/td>\n<\/tr>\n<tr>\n<td>Gold mining<\/td>\n<td>131 TWH<\/td>\n<td>\u00a0 \u00a0 \u00a0 -23.9%<\/td>\n<\/tr>\n<tr>\n<td>Ethereum<\/td>\n<td>5.50 Gigawatt hours (GWH)<\/td>\n<td>-99.99%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3>How Is Bitcoin Mining Energy Consumption Estimates Calculated?<\/h3>\n<p><strong>According to Digiconomist, Bitcoin mining energy estimates are calculated on the premise that <\/strong><a href=\"https:\/\/digiconomist.net\/bitcoin-energy-consumption\" target=\"_blank\"><strong>miner income and costs are related<\/strong><\/a><strong>.<\/strong><\/p>\n<blockquote><p>&#8220;To put it simply, the higher mining revenues, the more energy-hungry machines can be supported,&#8221; said Digiconomist.<\/p><\/blockquote>\n<p>The steps and assumptions used to determine Bitcoin&#8217;s energy consumption were as follows:<\/p>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<ol>\n<li>Calculate total mining revenues.<\/li>\n<li>Estimate what part of mining revenue is spent on electricity. Digiconomist assumes miners will spend 60% of their revenues on operational costs on average in equilibrium.<\/li>\n<li>Find out how much miners pay per KWH. Digiconomist assumes that for every 5 cents spent on operational cost 1 KWH was consumed.<\/li>\n<li>Convert costs to consumption.<\/li>\n<\/ol>\n<\/div><\/div>\n<figure id=\"attachment_208338\" aria-describedby=\"caption-attachment-208338\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-239x300.jpg\" alt=\"Bitcoin Energy Cosumption Index\" width=\"1200\" height=\"1506\" class=\"wp-image-208338\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-239x300.jpg 239w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-816x1024.jpg 816w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-768x964.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-1224x1536.jpg 1224w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie-1200x1506.jpg 1200w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/minage-bitcoin-statistiques-energie.jpg 1390w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208338\" class=\"wp-caption-text\">Source: bitcoinenergyconsumption.com<\/figcaption><\/figure>\n<p><i>Source: bitcoinenergyconsumption.com\u00a0\u00a0<\/i><\/p>\n<h2><span id=\"bitcoins_sustainability_approach_bitcoin_mining_green_energy_stats\">Bitcoin&#8217;s Sustainability Approach: Bitcoin Mining Green Energy Stats<\/span><\/h2>\n<p>Data on Bitcoin electricity consumption by source compiled by <a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/ghg\" target=\"_blank\">Cambridge Centre for Alternative Finance<\/a> showed the Bitcoin mining industry&#8217;s reliance on coal as an energy source has decreased with time.<\/p>\n<p><strong>Coal \u2013 considered the dirtiest of all energy sources \u2013 saw its share in Bitcoin&#8217;s energy supply mix reduce from a peak of 51.9% in February 2020 to 36.55% by January 2022.\u00a0<\/strong><\/p>\n<p>The ban on Bitcoin mining in China in May 2021 saw the energy share derived from coal drop to a low of 26.65% in July 2021.<\/p>\n<p>At the time of writing, Cambridge Centre for Alternative Finance did not publish Bitcoin electricity consumption by source beyond January 2022. The research firm&#8217;s latest data from January 2022 showcase the following energy mix for Bitcoin monthly electricity consumption by source:<\/p>\n<div class=\"su-note\"  style=\"border-color:#e5e54c;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#FFFF66;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<ul>\n<li>Coal &#8211; 36.55%<\/li>\n<li>Gas &#8211; 24.97%<\/li>\n<li>Hydro &#8211; 14.87%<\/li>\n<li>Nuclear &#8211; 11.3%<\/li>\n<li>Wind &#8211; 6.52%<\/li>\n<li>Solar &#8211; 3.17%<\/li>\n<li>Other Renewables &#8211; 1.72%<\/li>\n<li>Oil &#8211; 0.89%<\/li>\n<\/ul>\n<\/div><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1-300x284.jpg\" alt=\"Bitcoin Energy Mix: Electricity Consumption by Source\" width=\"1200\" height=\"1135\" class=\"aligncenter wp-image-208350\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1-300x284.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1-1024x969.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1-768x727.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1-1200x1135.jpg 1200w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-1.jpg 1390w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><strong>Meanwhile, Daniel Batten, managing director of Bitcoin ecosystem investment firm CH4 Capital and author of The Bitcoin ESG Forecast wrote in a January 2024 note that the Bitcoin mining industry is <\/strong><a href=\"https:\/\/www.batcoinz.com\/p\/issue-003-one-red-three-green\" target=\"_blank\"><strong>the only major global industry to be powered mostly by sustainable energy<\/strong><\/a><strong>.<\/strong><\/p>\n<p>Batten added that the ban on mining in China and the &#8220;effective ban in Kazakhstan&#8221; has forced miners to move to greener grids in North America or to sustainable off-grid sites.<\/p>\n<p><strong>According to Batten, the Bitcoin mining industry is using more sustainable energy than ever before, with the share of &#8220;sustainable mining&#8221; hitting an all-time high of 54.5% in 2023.<\/strong><\/p>\n<figure id=\"attachment_208371\" aria-describedby=\"caption-attachment-208371\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-300x225.jpg\" alt=\"Bitcoin Mining Sustainability\" width=\"1200\" height=\"902\" class=\"wp-image-208371\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-300x225.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-1024x769.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-768x577.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-1536x1154.jpg 1536w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1-1200x902.jpg 1200w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/3-1.jpg 1600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208371\" class=\"wp-caption-text\">Source: batcoinz.com<\/figcaption><\/figure>\n<h3>Bitcoin Mining Industry&#8217;s Greenhouse Gas Emission Stats<\/h3>\n<p>The process of producing energy by burning fossil fuels emits greenhouse gasses into the Earth&#8217;s atmosphere. Therefore, the Bitcoin mining industry&#8217;s enormous energy consumption has prompted environmentalists to highlight the industry&#8217;s <a href=\"https:\/\/www.techopedia.com\/definition\/2097\/carbon-footprint\">carbon footprint<\/a>.<\/p>\n<p><strong>An October 2024 report published by Advancing Earth and Space Sciences noted that the Bitcoin mining industry <\/strong><a href=\"https:\/\/agupubs.onlinelibrary.wiley.com\/doi\/epdf\/10.1029\/2023EF003871\" target=\"_blank\"><strong>emitted 85.89 metric tonnes (Mt) of carbon dioxide equivalent (CO2 eq)<\/strong><\/a><strong> during the 2020-2021 period<\/strong>, which was said to be equivalent to the emission caused by burning 84 billion pounds of coal or running 190 natural gas-fired power plants.<\/p>\n<figure id=\"attachment_208375\" aria-describedby=\"caption-attachment-208375\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/4-300x134.jpg\" alt=\"Bitcoin Mining Industry's Greenhouse Gas Emission Stats\" width=\"1200\" height=\"534\" class=\"wp-image-208375\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/4-300x134.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/4-1024x456.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/4-768x342.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/4.jpg 1101w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208375\" class=\"wp-caption-text\">Source: The Environmental Footprint of Bitcoin Mining Across the Globe: Call for Urgent Action<\/figcaption><\/figure>\n<p>The report retrieved greenhouse emission data from the Cambridge Centre for Alternative Finance. The research firm assessed Bitcoin&#8217;s carbon footprint from September 2019 to January 2022.<\/p>\n<h3>Bitcoin Mining Industry&#8217;s Water Footprint Stats<\/h3>\n<p><strong>Advancing Earth and Space Sciences&#8217; October 2023 report noted that between 2020 and 2021, the global water footprint of the Bitcoin mining industry was about 1.65 cubic kilometers (km3).<\/strong><\/p>\n<p>According to the report, the Bitcoin mining industry&#8217;s water usage during the period was more than the domestic water use of 300 million people in rural Sub-Saharan Africa.<\/p>\n<p>According to the report by Alex de Vries, founder of Digiconomist, as of January 26, 2024, the water footprint of Bitcoin in 2021 significantly increased by 166% compared with 2020, from 591.2 to 1,573.7 gigalitre (GL).<\/p>\n<p>The water footprint per transaction processed on the Bitcoin blockchain for those years amounted to 5,231 and 16,279 L, respectively.<\/p>\n<p><strong>As of 2023, Bitcoin&#8217;s annual water footprint <\/strong><a href=\"https:\/\/www.cell.com\/cell-reports-sustainability\/pdf\/S2949-7906(23)00004-6.pdf\" target=\"_blank\"><strong>may equal 2,237 GL<\/strong><\/a><strong>.<\/strong><\/p>\n<figure id=\"attachment_208379\" aria-describedby=\"caption-attachment-208379\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-283x300.jpg\" alt=\"Bitcoin's annual water footprint may equal 2,237 GL. \" width=\"1200\" height=\"1272\" class=\"wp-image-208379\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-283x300.jpg 283w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-768x814.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed.jpg 850w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208379\" class=\"wp-caption-text\">Source: Cell Reports Sustainability<\/figcaption><\/figure>\n<p>When compared to the gold mining industry, a 2021 research report by Simon Meissner of Universit\u00e4t Augsburg reported that 79.7% of global gold production in 2018 was estimated to <a href=\"https:\/\/www.researchgate.net\/publication\/356670864_The_Impact_of_Metal_Mining_on_Global_Water_Stress_and_Regional_Carrying_Capacities-A_GIS-Based_Water_Impact_Assessment\" target=\"_blank\">consume 712.79 cubic megameters (Mm3) of water<\/a>.<\/p>\n<h3>Bitcoin Mining Industry&#8217;s Noise Pollution Stats<\/h3>\n<p>Bitcoin miners are facing protests from neighbors due to noise pollution caused by the mining rigs, as reported by <a href=\"https:\/\/www.dlnews.com\/articles\/people-culture\/granbury-texas-residents-under-aural-attack-from-bitcoin-mine\/#:~:text=Granbury%20residents%20are%20fed%20up,ETFs%20stoke%20demand%20for%20Bitcoin.\" target=\"_blank\">DL News<\/a> in February 2024.<\/p>\n<p>In the news report, residents of Granbury, Texas, voiced their complaints about Bitcoin mining company Marathon Digital&#8217;s facility housing about 80,000 mining rigs that &#8220;generates a noise like the inside of a wind tunnel.&#8221;<\/p>\n<p><strong>According to Bitcoin Magazine, a single Bitcoin mining rig produces between <\/strong><a href=\"https:\/\/bitcoinmagazine.com\/business\/solving-bitcoin-mining-noise-pollution\" target=\"_blank\"><strong>70 to 90 decibels (dB) of sound<\/strong><\/a><strong>.<\/strong><\/p>\n<p>For reference, a power mower produces 96 dB of sound while a passenger car at 65 miles per hour at 25 feet produces 77dB of sound, said <a href=\"https:\/\/www.iacacoustics.com\/blog-full\/comparative-examples-of-noise-levels\" target=\"_blank\">iac acoustics<\/a> in a blog.<\/p>\n<h3>How Is the Bitcoin Mining Industry Aiding the Growth of the Renewable Energy Sector?<\/h3>\n<p><strong>According to advisory services firm KPMG, the variable nature of renewable energy sources \u2013 wind and solar in particular \u2013 incentivizes facilities <\/strong><a href=\"https:\/\/kpmg.com\/kpmg-us\/content\/dam\/kpmg\/pdf\/2023\/bitcoins-role-esg-imperative.pdf\" target=\"_blank\"><strong>to produce at their maximum capacity<\/strong><\/a><strong> to deliver energy in a consistent manner.<\/strong><\/p>\n<p>This approach to energy generation often leads to an excess supply of electricity and a supply-demand mismatch, ultimately resulting in low or negative renewable energy prices.<\/p>\n<p>Meanwhile, the highly competitive nature of Bitcoin mining forces miners to constantly search for the lowest cost of electricity, which is often tied to under-utilized hydro, wind and solar power generating stations.<\/p>\n<p>Bitcoin mining&#8217;s constant demand for electricity makes it a &#8220;last resort&#8221; buyer of renewable energy when demand is low, said KPMG.<\/p>\n<h2><span id=\"bitcoin_mining_and_energy_consumption_stats_of_the_worlds_largest_bitcoin_mining_companies\">Bitcoin Mining and Energy Consumption Stats of the World&#8217;s Largest Bitcoin Mining Companies<\/span><\/h2>\n<p>In this section, we highlight \u200b\u200bBitcoin mining stats related to the top five largest publicly-listed Bitcoin mining companies in the world.<br \/>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<th><strong>Name<\/strong><\/th>\n<th><strong>Market Cap<\/strong><\/th>\n<th><strong>FY23 Revenue<\/strong><\/th>\n<th><strong>FY23 Net Profit\/Loss<\/strong><\/th>\n<th><strong>Hashrate<\/strong><\/th>\n<th><strong>Sustainable Energy Share in Energy Supply Mix<\/strong><\/th>\n<th><strong>Source<\/strong><\/th>\n<\/tr>\n<tr>\n<td><strong>Marathon Digital (MARA)<\/strong><\/td>\n<td>$6.39 billion<\/td>\n<td>$387.5 million<\/td>\n<td>+$261.2 million<\/td>\n<td>40,200 peta hash per second (PH\/S), as of November 2024<\/td>\n<td>55% (As of December 31, 2023)<\/td>\n<td><a href=\"https:\/\/ir.mara.com\/sec-filings\/all-sec-filings\/content\/0001628280-24-007680\/0001628280-24-007680.pdf\" target=\"_blank\">10-K<\/a><\/p>\n<p><a href=\"https:\/\/data.hashrateindex.com\/stocks\" target=\"_blank\">Hashrate index<\/a><\/td>\n<\/tr>\n<tr>\n<td><strong>CleanSpark (CLSK)<\/strong><\/td>\n<td>$3.65 billion<\/td>\n<td>$168.4 million<\/td>\n<td>-$136.6 million<\/td>\n<td>31,300 PH\/S, as of November 2024<\/td>\n<td>Non-carbon energy used in location:<\/p>\n<ul>\n<li>College Park &#8211; 88%<\/li>\n<li>Norcross &#8211; 100%<\/li>\n<li>Washington &#8211; 68.4%<\/li>\n<li>Sandersville &#8211; 63.5%<\/li>\n<li>Dalton &#8211; 21%<\/li>\n<\/ul>\n<\/td>\n<td><a href=\"https:\/\/investors.cleanspark.com\/files\/doc_financials\/2023\/ar\/2023-annual-report.pdf\" target=\"_blank\">10-K<\/a><br \/>\nHashrate index<\/td>\n<\/tr>\n<tr>\n<td><strong>Phoenix Group (PHX)<\/strong><\/td>\n<td>$2.24 billion<\/td>\n<td>$288.2 million<\/td>\n<td>+$220.9 million<\/td>\n<td>12,900 PH\/S, as of Q3 2024<\/td>\n<td>Undisclosed<\/td>\n<td><a href=\"https:\/\/phoenixgroupuae.com\/investor-relations\" target=\"_blank\">Annual report<\/a><br \/>\n<a href=\"https:\/\/bucket-phoenixgroup.s3.us-east-1.amazonaws.com\/PhoenixGroup-Files\/Q3%20EARNING%20CALL%20PRESENTATION.pdf\" target=\"_blank\">Quarterly report<\/a><\/td>\n<\/tr>\n<tr>\n<td><strong>Riot Blockchain (RIOT)<\/strong><\/td>\n<td>$3.14 billion<\/td>\n<td>$280.6 million<\/td>\n<td>&#8211; $49.5 million<\/td>\n<td>29,400 PH\/S, as of November 2024<\/td>\n<td>Undisclosed<\/td>\n<td><a href=\"https:\/\/s3.amazonaws.com\/sec.irpass.cc\/2865\/0001558370-24-001550.pdf\" target=\"_blank\">10-K<\/a><br \/>\nHashrate index<\/td>\n<\/tr>\n<tr>\n<td><strong>Cipher Mining (CIFR)<\/strong><\/td>\n<td>$1.34 billion<\/td>\n<td>$126.8 million<\/td>\n<td>-$25.8 million<\/td>\n<td>10,700 PH\/S, as of November 2024<\/td>\n<td>Undisclosed<\/td>\n<td><a href=\"https:\/\/investors.ciphermining.com\/static-files\/b9e1d6ac-544a-480a-bef6-3d7f932d97ce\" target=\"_blank\">10-K<\/a><br \/>\nHashrate index<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span id=\"geographic_locations_of_bitcoin_miners\">Geographic Locations of Bitcoin Miners<\/span><\/h2>\n<p>Cambridge Centre for Alternative Finance studied the Bitcoin mining industry between September 2019 and January 2022. According to their studies, the <a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/mining_map\" target=\"_blank\">top 10 Bitcoin mining nations were<\/a>:<br \/>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<th><strong>Rank<\/strong><\/th>\n<th><strong>Nation<\/strong><\/th>\n<th><strong>Hash Rate, as of January 2022<\/strong><\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>United States<\/td>\n<td>37.8%<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>China<\/td>\n<td>21.1%<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Kazakhstan<\/td>\n<td>13.2%<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Canada<\/td>\n<td>6.5%<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Russia<\/td>\n<td>4.7%<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Germany<\/td>\n<td>3.1%<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Malaysia<\/td>\n<td>2.5%<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Singapore<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Ireland<\/td>\n<td>2%<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>Thailand<\/td>\n<td>1%<\/td>\n<\/tr>\n<tr>\n<td>&#8211;<\/td>\n<td>Rest of the world<\/td>\n<td>6.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span id=\"top_bitcoin_mining_pools_by_hash_rate\">Top Bitcoin Mining Pools by Hash Rate<\/span><\/h2>\n<p>A Bitcoin <a href=\"https:\/\/www.techopedia.com\/definition\/mining-pool\">mining pool<\/a> refers to a group of miners that consolidate their computing resources to increase their chance of building Bitcoin blocks and receiving block rewards in return.<\/p>\n<p><strong>Bitcoin mining pools are popular as they provide consistent returns to miners.<\/strong><\/p>\n<p>Bitcoin data compiled by the Chain Bulletin listed <a href=\"https:\/\/chainbulletin.com\/bitcoin-mining-map\/\" target=\"_blank\">the top Bitcoin mining pools by hash rate<\/a> as of November 20, 2024.<br \/>\n<div class=\"su-table su-table-responsive su-table-alternate\">\n<table>\n<tbody>\n<tr>\n<th><strong>Rank<\/strong><\/th>\n<th><strong>Pool<\/strong><\/th>\n<th><strong>14-Day Hash Power<\/strong><\/th>\n<th><strong>Percentage of Global Hash Rate<\/strong><\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Foundry USA Pool<\/td>\n<td>232.36 exahashes per second (EH\/s)<\/td>\n<td>31.9%<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>AntPool<\/td>\n<td>161.72 EH\/s<\/td>\n<td>22.2%<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>ViaBTC<\/td>\n<td>94.38 EH\/s<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>F2Pool<\/td>\n<td>70.86 EH\/s<\/td>\n<td>9.7%<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Unknown<\/td>\n<td>70.65 EH\/s<\/td>\n<td>9.7%<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>SecPool<\/td>\n<td>26.77 EH\/s<\/td>\n<td>3.7%<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Binance Pool<\/td>\n<td>17.24 EH\/s<\/td>\n<td>2.4%<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>SlushPool<\/td>\n<td>12.67 EH\/s<\/td>\n<td>1.7%<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Luxor<\/td>\n<td>10.02 EH\/s<\/td>\n<td>1.4%<\/td>\n<\/tr>\n<tr>\n<td>10<\/td>\n<td>SBI Crypto<\/td>\n<td>7.45 EH\/s<\/td>\n<td>1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span id=\"state_of_the_bitcoin_mining_industry_in_the_us\">State of the Bitcoin Mining Industry in the US<\/span><\/h2>\n<p>Here are some interesting statistics about the Bitcoin mining industry in the US:<\/p>\n<ul>\n<li>Texas was the top Bitcoin mining state in the USA in 2023, boasting 28.5% of the North American hash rate. (Source: <a href=\"https:\/\/medium.com\/foundry-digital\/foundry-usa-pool-hashrate-by-state-f9dc92e7bc3b\" target=\"_blank\">Foundry<\/a>)<\/li>\n<li>Texas overtook Georgia for the top spot. The latter saw its share of North American hash rate drop from 34.2% in 2021 to 9.6% by July 2023. (Source: Foundry)<\/li>\n<li>According to KPMG, Texas produces more renewable energy than any other US state, making it a popular destination for Bitcoin miners.<\/li>\n<li>Foundry data showed Idaho, Alaska, California, Arizona, New Mexico, Louisiana, Mississippi, West Virginia, New Jersey, Delaware, Vermont, Maine and Hawaii contributed zero or negligible hash rate.<\/li>\n<li>US Energy Information Administration (EIA)<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=61364\" target=\"_blank\"> estimated<\/a> that the US crypto mining industry represented 0.6% to 2.3% of the nation&#8217;s annual electricity consumption.<\/li>\n<\/ul>\n<figure id=\"attachment_208387\" aria-describedby=\"caption-attachment-208387\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-1-300x163.jpg\" alt=\"State of the Bitcoin Mining Industry in the US\" width=\"1200\" height=\"652\" class=\"wp-image-208387\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-1-300x163.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-1-768x417.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-1.jpg 828w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-208387\" class=\"wp-caption-text\">Source: Foundry<\/figcaption><\/figure>\n<h2><span id=\"bitcoin_mining_vs_gold_mining_stats\">Bitcoin Mining vs Gold Mining Stats<\/span><\/h2>\n<p>Bitcoin and <a href=\"https:\/\/www.techopedia.com\/investing\/how-to-invest-in-gold\">gold<\/a> are often comparable with one another for their limited supply, <a href=\"https:\/\/www.techopedia.com\/definition\/inflation\">inflation<\/a>-hedge properties and energy-intensive mining processes. Bitcoin&#8217;s pseudonymous founder Satoshi Nakamoto compares the two assets in the <a href=\"https:\/\/bitcoin.org\/bitcoin.pdf\" target=\"_blank\">Bitcoin white paper<\/a>:<\/p>\n<blockquote><p>&#8220;The steady addition of a constant of amount of new coins is analogous to gold miners expending resources to add gold to circulation. In our case, it is CPU time and electricity that is expended.&#8221;<\/p><\/blockquote>\n<p>In the table below, we compare interesting metrics for Bitcoin and gold:<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1.jpg\" alt=\"Bitcoin Mining vs. Gold Mining Stats \" width=\"1200\" height=\"1223\" class=\"aligncenter wp-image-359209\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1.jpg 1390w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1-294x300.jpg 294w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1-1004x1024.jpg 1004w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1-768x783.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1-64x64.jpg 64w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin-Mining-Stats-2-1-1200x1223.jpg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2><span id=\"technical_bitcoin_mining_stats\">Technical Bitcoin Mining Stats<\/span><\/h2>\n<p>We will end this Bitcoin mining and energy consumption statistics article on a technical note. Let&#8217;s go through some technical information and stats:<\/p>\n<h3>Hash Rate<\/h3>\n<p>Hash rate is one of the most important Bitcoin mining metrics. It measures the estimated number of SHA256 computations performed by all miners every second.<\/p>\n<p>A higher hash rate indicates more mining rigs in operation. It is a key metric to estimate Bitcoin energy consumption stats.<a href=\"http:\/\/blockchain.com\/\" target=\"_blank\">\u00a0<\/a><\/p>\n<p><strong>Blockchain.com data showed Bitcoin&#8217;s <\/strong><a href=\"https:\/\/www.blockchain.com\/en\/explorer\/charts\/hash-rate\" target=\"_blank\"><strong>total hash rate hitting an all-time high of <\/strong><strong>755.5 EH\/s<\/strong><\/a><strong> in November 2024.<\/strong><\/p>\n<h3>Mining Difficulty<\/h3>\n<p>Mining difficulty refers to the complexity of puzzles that Bitcoin miners must solve to get the chance to create the next block and earn block rewards.<\/p>\n<p>Bitcoin&#8217;s mining difficulty is a self-regulating algorithm that increases in difficulty when more miners are online and decreases as miners leave the network. Mining difficulty ensures that Bitcoin blocks are always created at a 10-minute interval no matter how much mining power is online.<\/p>\n<p><strong>According to blockchain.com, <\/strong><a href=\"https:\/\/www.blockchain.com\/explorer\/charts\/difficulty\" target=\"_blank\"><strong>the mining difficulty reached a new all-time high of <\/strong><strong>102.28 trillion<\/strong><\/a><strong> in November 2024.\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart.jpg\" alt=\"Historical Bitcoin Mining Difficulty Chart\" width=\"1200\" height=\"868\" class=\"aligncenter wp-image-359212\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart.jpg 1390w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart-300x217.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart-1024x741.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart-768x556.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Historical-Bitcoin-Mining-Difficulty-Chart-1200x868.jpg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h3>Blockchain Rewards<\/h3>\n<p><a href=\"https:\/\/www.techopedia.com\/definition\/33145\/block-reward\">Block rewards<\/a> refer to the amount of new-minted Bitcoins paid to the miner that creates a new block.<\/p>\n<p><strong>As of November 2024, Bitcoin miners were rewarded 3.125 BTC per block.<\/strong><\/p>\n<h3>Bitcoin Halving<\/h3>\n<p><a href=\"https:\/\/www.techopedia.com\/definition\/halving\">Halving<\/a> refers to an event that reduces block rewards by half. <strong>The halving occurs every 210,000 blocks (roughly every four years).\u00a0<\/strong><\/p>\n<p>The BTC halving events impact both investors and miners.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-3-300x223.jpg\" alt=\"Bitcoin Halving history\" width=\"1200\" height=\"890\" class=\"aligncenter wp-image-208400\" srcset=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-3-300x223.jpg 300w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-3-1024x759.jpg 1024w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-3-768x570.jpg 768w, https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/unnamed-3.jpg 1200w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<h2><span id=\"the_bottom_line\">The Bottom Line<\/span><\/h2>\n<p>Bitcoin mining energy consumption has become a subject of significant interest and scrutiny. As the popularity and value of Bitcoin (BTC) have surged, so has the energy required to mine new coins and maintain the blockchain.<\/p>\n<p>Whether you&#8217;re a seasoned investor or new to the cryptocurrency landscape, discovering the ins and outs of Bitcoin mining is a must to grasp the true potential of this digital asset.<\/p>\n<h2><span id=\"faqs\">FAQs<\/span><\/h2>\n<div class=\"man_faq_sec\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\"><\/time><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Does Bitcoin mining actually pay?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Bitcoin rewards miners with block rewards, currently at 3.125 BTC per block, for adding new blocks.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">How long does it take to mine $1 of Bitcoin?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Bitcoin blocks are mined at 10-minute intervals. If a miner is successful at creating the next block, they will be rewarded block rewards, currently at 3.125 BTC per block.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">How do I start Bitcoin mining?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">You will need to invest in mining rigs, cooling facilities, internet connection and electricity supply to begin mining Bitcoin. Learn <a href=\"https:\/\/www.techopedia.com\/how-to\/how-to-mine-bitcoin-at-home\">how to mine Bitcoin at home<\/a> and consider whether Bitcoin mining at home is worth the high energy and hardware expenses.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Is Bitcoin mining profitable?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Bitcoin mining profitability depends on a number of factors, including mining difficulty, total network hash rate, your hash rate, electricity costs and other variables.<\/p>\r\n                <\/div><\/div><\/section>\n<div class=\"reference-content\">\n<div class=\"reference-heading reference-content-collapsible-heading\">\n<h2><span id=\"references\">References<\/span><\/h2>\n<\/div>\n<div class=\"reference-content-body\">\n<ol>\n<li><a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/bitcoin-mining-by-country\" target=\"_blank\">Bitcoin Mining by Country 2024<\/a> (Worldpopulationreview)<\/li>\n<li><a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4727999\" target=\"_blank\">Breaking BFT: Quantifying the Cost to Attack Bitcoin and Ethereum<\/a> (ssrn)<\/li>\n<li><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\" target=\"_blank\">Cambridge Blockchain Network Sustainability Index: CBECI<\/a> (Ccaf)<\/li>\n<li><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/comparisons\" target=\"_blank\">Cambridge Blockchain Network Sustainability Index: CBECI: Comparisons<\/a> (Ccaf)<\/li>\n<li><a href=\"https:\/\/digiconomist.net\/bitcoin-energy-consumption\" target=\"_blank\">Bitcoin Energy Consumption Index &#8211; Digiconomist<\/a> (Digiconomist)<\/li>\n<li><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/ghg\" target=\"_blank\">Cambridge Blockchain Network Sustainability Index: Bitcoin GHG Emissions<\/a> (Ccaf)<\/li>\n<li><a href=\"https:\/\/www.batcoinz.com\/p\/issue-003-one-red-three-green\" target=\"_blank\">Issue #003: One red, three green &#8211; by Daniel Batten<\/a> (Batcoinz)<\/li>\n<li><a href=\"https:\/\/agupubs.onlinelibrary.wiley.com\/doi\/epdf\/10.1029\/2023EF003871\" target=\"_blank\">The Environmental Footprint of Bitcoin Mining Across the Globe: Call for Urgent Action<\/a> (Agupubs.onlinelibrary.wiley)<\/li>\n<li><a href=\"https:\/\/www.cell.com\/cell-reports-sustainability\/pdf\/S2949-7906(23)00004-6.pdf\" target=\"_blank\">Bitcoin\u2019s growing water footprint<\/a> (Cell)<\/li>\n<li><a href=\"https:\/\/www.researchgate.net\/publication\/356670864_The_Impact_of_Metal_Mining_on_Global_Water_Stress_and_Regional_Carrying_Capacities-A_GIS-Based_Water_Impact_Assessment\" target=\"_blank\">The Impact of Metal Mining on Global Water Stress and Regional Carrying Capacities\u2014A GIS-Based Water Impact Assessment<\/a> (Researchgate)<\/li>\n<li><a href=\"https:\/\/www.dlnews.com\/articles\/people-culture\/granbury-texas-residents-under-aural-attack-from-bitcoin-mine\" target=\"_blank\">Angry Texans fight Bitcoin mine\u2019s 80,000 noisy machines in test for industry \u2013 DL News<\/a> (Dlnews)<\/li>\n<li><a href=\"https:\/\/bitcoinmagazine.com\/business\/solving-bitcoin-mining-noise-pollution\" target=\"_blank\">Solving Bitcoin Mining Noise Pollution &#8211; Bitcoin Magazine &#8211; Bitcoin News, Articles and Expert Insights<\/a> (Bitcoinmagazine)<\/li>\n<li><a href=\"https:\/\/www.iacacoustics.com\/blog-full\/comparative-examples-of-noise-levels\" target=\"_blank\">Comparative Examples of Noise Levels &#8211; IAC Acoustics<\/a> (Iacacoustics)<\/li>\n<li><a href=\"https:\/\/kpmg.com\/kpmg-us\/content\/dam\/kpmg\/pdf\/2023\/bitcoins-role-esg-imperative.pdf\" target=\"_blank\">The Impact of Metal Mining on Global Water Stress and Regional Carrying Capacities\u2014A GIS-Based Water Impact Assessment<\/a> (Kpmg)<\/li>\n<li><a href=\"https:\/\/ir.mara.com\/sec-filings\/all-sec-filings\/content\/0001628280-24-007680\/0001628280-24-007680.pdf\" target=\"_blank\">United States Securities and Exchange Commission Washington, d.c. 20549 Form 10-K<\/a> (Ir.mara)<\/li>\n<li><a href=\"https:\/\/data.hashrateindex.com\/stocks\" target=\"_blank\">Bitcoin Mining Stocks Market<\/a> (Data.hashrateindex)<\/li>\n<li><a href=\"https:\/\/investors.cleanspark.com\/files\/doc_financials\/2023\/ar\/2023-annual-report.pdf\" target=\"_blank\">United States Securities and Exchange Commission Washington, d.c. 20549 Form 10-Kunited States Securities and Exchange Commission Washington, d.c. 20549 Form 10-K<\/a> (Investors.cleanspark)<\/li>\n<li><a href=\"https:\/\/phoenixgroupuae.com\/investor-relations\" target=\"_blank\">Investor Relations | Phoenix Group<\/a> (Phoenixgroupuae)<\/li>\n<li><a href=\"https:\/\/bucket-phoenixgroup.s3.us-east-1.amazonaws.com\/PhoenixGroup-Files\/Q3%20EARNING%20CALL%20PRESENTATION.pdf\" target=\"_blank\">Fhoenix Financial Q3 Results 2024<\/a> (Phoenixgroup)<\/li>\n<li><a href=\"https:\/\/s3.amazonaws.com\/sec.irpass.cc\/2865\/0001558370-24-001550.pdf\" target=\"_blank\">Unitedstates Securities Andexchangecommission Washington, d.c. 20549 FORM10-K<\/a> (S3.amazonaws)<\/li>\n<li><a href=\"https:\/\/investors.ciphermining.com\/static-files\/b9e1d6ac-544a-480a-bef6-3d7f932d97ce\" target=\"_blank\">United States Securities and Exchange Commission Washington, d.c. 20549 Form 10-K<\/a> (Investors.ciphermining)<\/li>\n<li><a href=\"https:\/\/ccaf.io\/cbnsi\/cbeci\/mining_map\" target=\"_blank\">Cambridge Blockchain Network Sustainability Index: Mining Map: Visualisation<\/a> (Ccaf)<\/li>\n<li><a href=\"https:\/\/chainbulletin.com\/bitcoin-mining-map\/\" target=\"_blank\">Bitcoin Mining Map &#8211; Bitcoin Network Data on a World Map<\/a> (Chainbulletin)<\/li>\n<li><a href=\"https:\/\/medium.com\/foundry-digital\/foundry-usa-pool-hashrate-by-state-f9dc92e7bc3b\" target=\"_blank\">Foundry USA Pool Hashrate by State | by Foundry | Foundry | Medium<\/a> (Medium)<\/li>\n<li><a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=61364\" target=\"_blank\">Tracking electricity consumption from U.S. cryptocurrency mining operations &#8211;<br \/>\nU.S. Energy Information Administration (EIA)<\/a> (Eia)<\/li>\n<li><a href=\"https:\/\/bitcoin.org\/bitcoin.pdf\" target=\"_blank\">Bitcoin: A Peer-to-Peer Electronic Cash System<\/a> (Bitcoin)<\/li>\n<li><a href=\"http:\/\/blockchain.com\/\" target=\"_blank\">Be early to the future of finance<\/a> (Blockchain)<\/li>\n<li><a href=\"https:\/\/www.blockchain.com\/en\/explorer\/charts\/hash-rate\" target=\"_blank\">Blockchain.com | Charts &#8211; Total Hash Rate (TH\/s)<\/a> (Blockchain)<\/li>\n<li><a href=\"https:\/\/www.blockchain.com\/explorer\/charts\/difficulty\" target=\"_blank\">Blockchain.com | Charts &#8211; Network Difficulty<\/a> (Blockchain)<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Bitcoin mining&#8217;s energy consumption is a highly controversial topic that has sparked the ire of environmentalists and lawmakers. On the other side of the spectrum are cryptocurrency believers and Bitcoin enthusiasts who will tell you that the Bitcoin blockchain&#8217;s impregnable security is derived from its energy consumption. If you are interested in understanding why Bitcoin [&hellip;]<\/p>\n","protected":false},"author":286557,"featured_media":95591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[601,1084],"tags":[],"category_partsoff":[],"class_list":["post-82316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-statistics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.2 (Yoast SEO v24.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>60+ Bitcoin Mining and Energy Consumption Statistics For 2025<\/title>\n<meta name=\"description\" content=\"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"60+ Bitcoin Mining and Energy Consumption Statistics For 2025\" \/>\n<meta property=\"og:description\" content=\"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-03T15:40:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-20T18:20:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Mensholong Lepcha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@techopedia\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mensholong Lepcha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"16 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\"},\"author\":{\"name\":\"Mensholong Lepcha\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af\"},\"headline\":\"60+ Bitcoin Mining and Energy Consumption Statistics For 2025\",\"datePublished\":\"2023-07-03T15:40:59+00:00\",\"dateModified\":\"2024-11-20T18:20:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\"},\"wordCount\":3051,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png\",\"articleSection\":\"\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\",\"url\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\",\"name\":\"60+ Bitcoin Mining and Energy Consumption Statistics For 2025\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png\",\"datePublished\":\"2023-07-03T15:40:59+00:00\",\"dateModified\":\"2024-11-20T18:20:29+00:00\",\"description\":\"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png\",\"width\":1200,\"height\":600,\"caption\":\"A BTC coin atop a laptop\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.techopedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cryptocurrency\",\"item\":\"https:\/\/www.techopedia.com\/cryptocurrency\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Blockchain\",\"item\":\"https:\/\/www.techopedia.com\/topic\/321\/blockchain\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"60+ Bitcoin Mining and Energy Consumption Statistics For 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.techopedia.com\/#website\",\"url\":\"https:\/\/www.techopedia.com\/\",\"name\":\"Techopedia\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.techopedia.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.techopedia.com\/#organization\",\"name\":\"Techopedia\",\"url\":\"https:\/\/www.techopedia.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg\",\"caption\":\"Techopedia\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/techopedia\/\",\"https:\/\/x.com\/techopedia\",\"https:\/\/www.linkedin.com\/company\/techopedia\/\",\"https:\/\/www.youtube.com\/c\/Techopedia\"],\"publishingPrinciples\":\"https:\/\/www.techopedia.com\/about\/editorial-policy\",\"ownershipFundingInfo\":\"https:\/\/www.techopedia.com\/about\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af\",\"name\":\"Mensholong Lepcha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg\",\"caption\":\"Mensholong Lepcha\"},\"description\":\"Mensholong is an experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has previously contributed news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He began his writing career at Reuters in 2017, covering global equity markets. In his spare time, Mensholong enjoys watching soccer, finding new music, and buying BTC and ETH for his crypto portfolio.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/mensholong-lepcha-85049a119\/\"],\"knowsAbout\":[\"Crypto & Blockchain Writer\"],\"url\":\"https:\/\/www.techopedia.com\/contributors\/mensholonglepcha\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"60+ Bitcoin Mining and Energy Consumption Statistics For 2025","description":"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"60+ Bitcoin Mining and Energy Consumption Statistics For 2025","og_description":"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.","og_url":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics","og_site_name":"Techopedia","article_publisher":"https:\/\/www.facebook.com\/techopedia\/","article_published_time":"2023-07-03T15:40:59+00:00","article_modified_time":"2024-11-20T18:20:29+00:00","og_image":[{"width":1200,"height":600,"url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png","type":"image\/png"}],"author":"Mensholong Lepcha","twitter_card":"summary_large_image","twitter_creator":"@techopedia","twitter_site":"@techopedia","twitter_misc":{"Written by":"Mensholong Lepcha","Est. reading time":"16 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#article","isPartOf":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics"},"author":{"name":"Mensholong Lepcha","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af"},"headline":"60+ Bitcoin Mining and Energy Consumption Statistics For 2025","datePublished":"2023-07-03T15:40:59+00:00","dateModified":"2024-11-20T18:20:29+00:00","mainEntityOfPage":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics"},"wordCount":3051,"commentCount":0,"publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"image":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png","articleSection":"","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#respond"]}],"copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.techopedia.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics","url":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics","name":"60+ Bitcoin Mining and Energy Consumption Statistics For 2025","isPartOf":{"@id":"https:\/\/www.techopedia.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage"},"image":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png","datePublished":"2023-07-03T15:40:59+00:00","dateModified":"2024-11-20T18:20:29+00:00","description":"Does Bitcoin use more electricity than your country? Learn the most relevant Bitcoin mining and energy consumption stats you should know in 2025.","breadcrumb":{"@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#primaryimage","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/07\/Bitcoin_05-1.png","width":1200,"height":600,"caption":"A BTC coin atop a laptop"},{"@type":"BreadcrumbList","@id":"https:\/\/www.techopedia.com\/bitcoin-mining-and-energy-statistics#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.techopedia.com\/"},{"@type":"ListItem","position":2,"name":"Cryptocurrency","item":"https:\/\/www.techopedia.com\/cryptocurrency"},{"@type":"ListItem","position":3,"name":"Blockchain","item":"https:\/\/www.techopedia.com\/topic\/321\/blockchain"},{"@type":"ListItem","position":4,"name":"60+ Bitcoin Mining and Energy Consumption Statistics For 2024"}]},{"@type":"WebSite","@id":"https:\/\/www.techopedia.com\/#website","url":"https:\/\/www.techopedia.com\/","name":"Techopedia","description":"","publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.techopedia.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.techopedia.com\/#organization","name":"Techopedia","url":"https:\/\/www.techopedia.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2025\/02\/techopedia-light-logo.svg","caption":"Techopedia"},"image":{"@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/techopedia\/","https:\/\/x.com\/techopedia","https:\/\/www.linkedin.com\/company\/techopedia\/","https:\/\/www.youtube.com\/c\/Techopedia"],"publishingPrinciples":"https:\/\/www.techopedia.com\/about\/editorial-policy","ownershipFundingInfo":"https:\/\/www.techopedia.com\/about"},{"@type":"Person","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af","name":"Mensholong Lepcha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg","caption":"Mensholong Lepcha"},"description":"Mensholong is an experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has previously contributed news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He began his writing career at Reuters in 2017, covering global equity markets. In his spare time, Mensholong enjoys watching soccer, finding new music, and buying BTC and ETH for his crypto portfolio.","sameAs":["https:\/\/www.linkedin.com\/in\/mensholong-lepcha-85049a119\/"],"knowsAbout":["Crypto & Blockchain Writer"],"url":"https:\/\/www.techopedia.com\/contributors\/mensholonglepcha"}]}},"modified_by":"kseniachapchikova","_links":{"self":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/82316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/users\/286557"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/comments?post=82316"}],"version-history":[{"count":4,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/82316\/revisions"}],"predecessor-version":[{"id":359243,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/82316\/revisions\/359243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media\/95591"}],"wp:attachment":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media?parent=82316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/categories?post=82316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/tags?post=82316"},{"taxonomy":"category_partsoff","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/category_partsoff?post=82316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}