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Friday, 08/17/2018 11:57:24 AM

Friday, August 17, 2018 11:57:24 AM

Post# of 4240


$EPAZ Forbes, "Bitcoin's current estimated annual electricity consumption is 61.4 TWh, which is also equivalent to 1.5% of the electricity consumed in the United States." Additionally, Joule's new study estimates that mining for Bitcoin consumes at least 2.6 GW of power, equivalent to what Ireland consumes in electricity yearly. This figure could rise to 7.7 GW in early 2019, which would account for close to half a percent of the world's electricity consumption. According to the Crescent Electric Supply Company, the estimated electricity can "cost between $3,224 to $9,000 to mine a single Bitcoin." Epazz EnergyVIEW Files a Patent for Blockchain Energy Consumption Management Technology for Use in Bitcoin Data Centers
https://www.nasdaq.com/press-release/epazz-energyview-files-a-patent-for-blockchain-energy-consumption-management-technology-for-use-in-20180815-00411





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