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Ken Shirriff's blog

by night.kame & 1 other

The Bitcoin network is 25 billion MH/s, which works out to about $70 million hardware cost and 15 MW. (This is about the total power consumption of Cambodia.) At $0.15/kWH, that would be about $50,000/day on electricity ($300 per block or $0.70 per transaction). Since mining generates about $140,000 per day, spending $50,000 per day on electricity seems like the right ballpark.

Tu aimes les BitCoin ? Alors tu dois aimer les centrales nucléaires.

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night.kame
the 02/06/2014 at 15:55

sylvainulg
the 18/03/2013 at 12:44