Bitcoin consumes more energy than Switzerland Explained In Hindi | Techinsoul − 稼げる投資系口コミ情報サイト【Trade Center】

Bitcoin consumes more energy than the entire nation of #Switzerland , according to new estimates published by researchers at the University of #Cambridge.
An online tool that launched this week called the Cambridge Bitcoin Electricity Consumption Index, or CBECI, estimates how much energy is needed to maintain the Bitcoin network in real time, before using this to calculate its annual energy usage.
Currently, the CBECI says the global Bitcoin network is consuming more than seven gigwatts of electricity. Over the course of a year that’s equal to around 64 TWh or terawatt hours of energy consumption. That’s more than the country of Switzerland uses over the same time period (58 TWh per year), but less than Colombia (68 TWh per year).It means Bitcoin accounts for roughly 0.25 percent of the world’s entire electricity consumption. That’s as much energy as all the tea kettles in the UK use over 11 years. It also means that the electricity wasted each year by always-on but inactive electronic devices in the US could power the #Bitcoin network four times over.

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