Bitcoin mining accounts for 0.59% of global electricity consumption, enough to heat water for 29 years in the UK

Bitcoin mining accounts for 0.59% of global electricity consumption, enough to heat water for 29 years in the UK

According to data from Cambridge University, the world's total power generation is 25,082 TWh, and the total power consumption is 20,863 TWh, of which Bitcoin mining accounts for 0.59% of the total power consumption. Bitcoin mining power consumption ranks 28th among countries in the world. Cambridge University data also shows that the power consumption of Bitcoin mining can be used to heat water for 29 years in the UK and 4.3 years in Europe.

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