What is the bitcoin Electricity Index?

The index provides a real-time estimate of the total annual electricity usage of the Bitcoin network and enables live comparisons with alternative electricity uses in order to put numbers into perspective.

What are the monthly and cumulative consumption figures for bitcoin?

Note: monthly consumption figures are the sum of daily consumption figures calculated by assuming constant power usage over 24 hours at the daily best-guess estimate of Bitcoin’s network power demand. The cumulative consumption is the sum of monthly totals since the start of the model on July 18th 2010.

When does the bitcoin consumption model start?

The model begins on July 18th 2010 due to a lack of available price data for the prior period. Note: monthly consumption figures are the sum of daily consumption figures calculated by assuming constant power usage over 24 hours at the daily best-guess estimate of Bitcoin’s network power demand.

How reliable is bitcoin's electricity usage?

Reliable estimates of Bitcoin’s electricity usage are rare: in most cases, they only provide a one-time snapshot and the numbers often show substantial discrepancies from one model to another.