Global Electric Vehicle sales continue to grow exponentially, by 2022 globally, there were 28M EVs on the road.

Here's a comparison of EV charging vs Bitcoin electricity consumption. While the trajectory of EV electricity consumption is relatively easy to predict, Bitcoin is not so easy, the unknown factors being -

- Government Mining bans

- Government Mining TAX - A tax on electricity would seriously curtail mining that would probably just move somewhere else but could put the country at risk of missing out on a "Bit rich" population that they could TAX later.

Wars

- FINANCIAL APOCALYPSE that many have predicted since forever actually happens.

Predictable factors -

- HALVING/ HALVENING of the block reward. Half the reward may mean half the mining equipment is turned off, however, if the price of bitcoin triples, mining may continue at the same level or even expand.

bitcoinpowerconsumption.info

Reply to this note

Please Login to reply.

Discussion

No replies yet.