How much energy does a bitcoin transaction use

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Bitcoin's Energy Consumption Problem
Bitcoin, the world's largest cryptocurrency, currently consumes an estimated terawatt-hours of electricity annually � more than the entire. �According to Digiconomist, a single bitcoin transaction uses the same amount of power that the average American household consumes in a month �. The average energy consumption for one single Bitcoin transaction in could equal several hundreds of thousands of VISA card.

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calendar_month 14.07.2023

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Bitcoin average energy consumption per transaction compared to that of VISA as of May 1, in kilowatt-hours [Graph]. Here are a few of the statistics that surround the Bitcoin mining hubs throughout the world that might be of interest to you. Mining centers, however, need a lot more cooling, which in turn requires even more electricity. It is important to realize that, while renewables are an intermittent source of energy, Bitcoin miners have a constant energy requirement. A rig with three GPUs can consume 1, watts of power or more when it's running, the equivalent of having a medium-size window AC unit turned on.