October 8, 2026

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Bitcoin Mining Could Use 0.5% of World’s Electricity Energy in 2018

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bitcoin Mining Could Use 0.5% of World’s Electricity Energy in 2018

A recently released peer-reviewed article by blockchain evangelist and financial economist Alex de Vries deployed a novel methodology to determine bitcoin’s energy usage a few years from now, and the estimated results are certainly astonishing. Pay with bitcoin or Power a Home? Published on May 16 on Joule,  de Vries made use of complex economic

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Bitcoin Mining Could Use 0.5% of World’s Electricity Energy in 2018

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