Bitcoin Mining Consumes 0.54 Percent Energy

Bitcoin Mining Consumes 0.54% of Global Energy Annually

• Bitcoin mining uses approximately 138 terawatt-hours (TWh) of electricity each year.
• This consumption represents about 0.54% of global energy usage.
• 52.4% of the energy used in Bitcoin mining comes from sustainable sources like hydroelectric and wind power.
• The United States contributes 75.4% to the global Bitcoin mining hash rate.
• Declining block rewards pose a risk to miner incentives and network security.

Bitcoin mining’s annual energy consumption is significant, accounting for roughly 138 TWh, or 0.54% of worldwide energy use, with over half sourced sustainably.