Bitcoin Consumed as Much Energy as US Drivers in 3 Days Since 20094.6

Data assessed by Coin Metrics shows that bitcoin miners consumed as much energy as what US drivers do in three days.

The Massachusetts-based crypto data analysis firm measured the total amount of hashes processed by the bitcoin network through S9 mining machines. The calculations revealed that it took miners 1.75e17 joules (or 1.75 x 1017 watts per second) to confirm and add blocks to the bitcoin blockchain since 2009. That roughly equaled 4.2 million tons of oil, a one-third of which the US cars consume every day.

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