{"id":405495,"date":"2021-03-18T09:19:05","date_gmt":"2021-03-18T03:49:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405495"},"modified":"2021-03-18T10:40:10","modified_gmt":"2021-03-18T05:10:10","slug":"why-bitcoin-uses-10-times-more-electricity-than-google","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-bitcoin-uses-10-times-more-electricity-than-google\/","title":{"rendered":"Why bitcoin uses 10 times more electricity than Google"},"content":{"rendered":"<p>The bitcoin market now exceeds $1 trillion with its price rising tenfold in a year, but focus is shifting towards the massive power requirements needed to sustain the online currency. <\/p>\n<p>Here are some questions and answers about bitcoin: <\/p>\n<p>Total energy consumed by the bitcoin mining process could reach 128 TWh (terawatt-hours) this year, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI), which is compiled by Cambridge University researchers. <\/p>\n<p>That is 0.6 per cent of the world&#8217;s total electricity production, or more than the entire consumption of Norway. <\/p>\n<p>&#8220;These numbers can appear large when compared to medium-sized countries or emerging technologies like electric vehicles (80 TWh in 2019), but small when compared to other end-uses,&#8221; such as air conditioning and fans, said International Energy Agency analyst George Kamiya.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bitcoin market now exceeds $1 trillion with its price rising tenfold in a year, but focus is shifting towards the massive power requirements needed to sustain the online currency. Here are some questions and answers about bitcoin: Total energy consumed by the bitcoin mining process could reach 128 TWh (terawatt-hours) this year, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI), which is compiled by Cambridge University researchers. That is 0.6 per cent of the world&#8217;s total electricity production, or more than the entire consumption of Norway. &#8220;These numbers can appear large when compared to medium-sized countries or emerging [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-405495","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405495"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405495\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}