How much electricity does Bitcoin use each year, in terawatt-hours?

Technology hard Data from 2024

Guess before you scroll — the answer is below

In terawatt-hours. Thousands: 1.000 · Decimals: 1,5 · Millions: 9m.

The answer

150 terawatt-hours

Bitcoin mining consumes roughly 150 TWh a year, comparable to the entire annual electricity use of Poland or Argentina. The energy is spent deliberately: the cost of computation is what secures the network.

How to get close to this number

Compare it to the data centre figure on this site: a few hundred terawatt-hours for all computing infrastructure worldwide. A single application consuming a substantial fraction of that is the right scale, which puts it in the low hundreds.

The country comparison is the standard framing and the explanation gives it: comparable to the entire annual electricity use of Poland or Argentina. A single protocol matching a mid-sized national grid is the fact that makes this politically contentious rather than merely technical.

The design point in the explanation is the one usually missing from the argument: the energy is spent deliberately. The cost of computation is what secures the network — making an attack expensive is the entire mechanism — so the consumption is not inefficiency to be optimised away but the security model itself. Whether that is a reasonable trade is a separate question from whether it is a bug.

Where this number comes from

Source Cambridge Bitcoin Electricity Consumption Index
Figure refers to 2024
Last checked
Unit terawatt-hours

Numbers move. If this one has drifted from its source, let us know.

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