- For every blockchain transaction, the network used 1,738 kWh of electricity on average.
- Ethereum had fewer on-chain transactions in 2022 than Bitcoin had.
- The carbon footprint of one Bitcoin transaction last year was 969 kilograms of CO2.
In a recent Twitter thread, Digiconomist noted that the total amount of power used by the bitcoin mining sector in 2017 was 161 TWh. Notably, there was a larger power usage than in comparison to all of Sweden.
Additionally, for every blockchain transaction performed, the network used an average of 1,738 kWh of electricity. The average U.S. ...
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