Bitcoin's 2021 Energy Use Has Already Surpassed 2020
Sep 13, 2021 01:11 PM ET
- The Bitcoin network was estimated to consume about 67TWh of electrical power in 2020, and also its complete consumption has currently exceeded this in 2021.
![Bitcoin's 2021 Energy Use Has Already Surpassed 2020 Bitcoin's 2021 Energy Use Has Already Surpassed 2020](/images/sections/1019/20210913/s0_6419.webp)
By the end of this year, it looks set to have actually used 91TWh of energy - as much as Pakistan. As the cost of Bitcoin boosts, even more miners with much less energy-efficient makers sign up with the network, increasing energy usage. This means that it is necessary to enhance the efficiency of crypto-mining and relocate to low-carbon energy resources for power.
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