Bitcoin energy consumption worldwide 2017-2024

Bitcoin's annualized footprint in electricity consumption reached an all-time high in early 2022, then believed to be higher than the power consumption of Finland. This according to a source that tries to estimate the energy consumption of Bitcoin (BTC). It does by assuming that miner's costs and income are the same thing: The higher the miner's income, the more powerful machinery it can support. Essentially, the source first calculates how much miners earn, then estimates how much of this income is spent on electricity and how much per kWh, to finally be converted into consumption figures. The main reason this figure is an estimate, is due to the decentralized nature of Bitcoin or cryptocurrencies in general: There is no central authority that tracks how many computers there are or where miners submit figures.

Bitcoin energy consumption worldwide from February 2017 to June 20, 2024 (in terawatt hours)

Characteristic	Estimated TWh per year	Minimum TWh per year
Jun 20, 2024	172.26	91.81
Jun 19, 2024	172.26	89.19
Jun 18, 2024	172.26	89.04
Jun 17, 2024	172.26	93.48
Jun 16, 2024	172.26	98.76
Jun 15, 2024	172.26	100.75
Jun 14, 2024	172.26	101.42
Jun 13, 2024	172.26	99.37
Jun 12, 2024	172.26	98.09
Jun 11, 2024	172.26	96.26
Jun 10, 2024	172.26	91.51
Jun 09, 2024	172.07	89.28
Jun 08, 2024	170.12	89.68
Jun 07, 2024	170.12	89.28
Jun 06, 2024	170.12	90.25
Jun 05, 2024	170.12	90.51
Jun 04, 2024	170.12	91.81
Jun 03, 2024	170.12	95.89
Jun 02, 2024	170.12	97.36
Jun 01, 2024	170.12	98.31
May 2024	170.12	98.81
Apr 2024	170.12	98.97
Mar 2024	159.52	94.27
Feb 2024	144.25	90.4
Jan 2024	137.68	87.3
Dec 2023	145.35	145.35
Nov 2023	137.98	137.98
Oct 2023	134.52	125.81
Sep 2023	122.59	115.36
Aug 2023	112.07	107.21
Jul 2023	106.57	104.56
Jun 2023	102.12	102.12
May 2023	105.03	105.03
Apr 2023	96.21	96.21
Mar 2023	100.18	100.18
Jan 2023	82.47	82.47
Dec 2022	67.36	67.36
Nov 2022	112.4	70.33
Oct 2022	134.83	76.13
Sep 2022	127.7	66.14
Aug 2022	131.71	65.9
Jul 2022	138.53	61.94
Jun 2022	129.63	62.29
May 2022	204.5	63.23
Apr 2022	204.5	65.54
Mar 2022	204.5	60.75
Feb 2022	204.5	60.39
Jan 2022	204.5	56.51
Dec 2021	204.5	52.69
Nov 2021	199.72	47.64
Oct 2021	184.59	47.25
Sep 2021	167.73	41.45
Aug 2021	155.15	39.73
Jul 2021	142.71	31.16
Jun 2021	134.06	28.85
May 2021	124.12	71.1
Apr 2021	108.49	47.1
Mar 2021	91.52	52.22
Feb 2021	77.78	51.22
Jan 2021	77.78	52.67
Dec 2020	77.78	47.48
Nov 2020	77.78	48.45
Oct 2020	76.64	49.86
Sep 2020	70.47	57.29
Aug 2020	68.34	53.74
Jul 2020	62.4	50.73
Jun 2020	59.5	47.15
May 2020	57.39	37.74
Apr 2020	76.98	46.52
Mar 2020	70.36	41.56
Feb 2020	77.78	49.84
Jan 2020	73.9	52.62
Dec 2019	73.12	41.91
Nov 2019	73.12	45.88
Oct 2019	73.12	51.64
Sep 2019	73.12	49.48
Aug 2019	73.12	44.01
Jul 2019	73.12	41.18
Jun 2019	69.59	38.87
May 2019	63.61	38.35
Apr 2019	57.97	36.46
Mar 2019	53	41.95
Feb 2019	48.3	44.23
Jan 2019	46.93	46.93
Dec 2018	45.81	45.81
Nov 2018	52.88	45.41
Oct 2018	73.12	55.53
Sep 2018	73.12	59.49
Aug 2018	73.12	57.11
Jul 2018	73.12	46.06
Jun 2018	71.12	43.67
May 2018	69.4	36.53
Apr 2018	63.99	31.84
Mar 2018	58.7	27.54
Feb 2018	52.48	25.71
Jan 2018	46.44	22.11
Dec 2017	36.68	15.53
Nov 2017	30.59	12.1
Oct 2017	24.05	12.43
Sep 2017	18.79	9.65
Aug 2017	16.37	5.6
Jul 2017	14.96	6.55
Jun 2017	13.72	4.9
May 2017	13.56	5.01
Apr 2017	11.36	3.92
Mar 2017	10.54	3.62
Feb 2017	10.19	3.68