27.11.23

Bitcoin mining: Watt is money? | FT Standpoint (September 2022)

"It is estimated that bitcoin consumes around 265GHh a day.
Yearly energy consumption of bitcoin mining (96.74TWh) is larger than some countries entire yearly use."

Source:

https://www.ft.com/video/4195bbed-8749-481e-a3a4-94815057df5f



link to the video:

https://next-media-api.ft.com/renditions/16642228915810/1280x720.mp4


Using exclusive data from the Cambridge Centre for Alternative Finance, Rhizomatiks gives fresh insights into the impact of the vast energy used to mine cryptocurrency - a business that consumes the same electricity as a medium-sized country. This film, with original music, was made to be viewed as a live video installation and as an online film

September 27 2022 Produced by Rhizomatiks, with data supplied by CCAF. Executive Producer Juliet Riddell