Real electricity consumption when mining bitcoins

Do you know what?

The amount of electricity consumed to mine bitcoins in one year canpower all electric kettles in the UK for 16 years?) It is comparable to the electricity consumption of entire countries such as Colombia, Bangladesh, Austria.

But is the devil really as scary as he is painted or is it all populism and speculation?

And if you know that all bitcoin mining accounts for only 0.32% of the total global electricity consumption?

And that the loss of electricity is several times higher than the electricity spent on mining bitcoins?

 

An interesting comparison from the University of Cambridge that will help you properly assess Bitcoin's energy footprint

 

https://cbeci.org/cbeci/comparisons