7 ms·
No, the calculation is done per transaction, not per block. You can calculate the per-block consumption pretty easily based on the stat that there are about 150
by SebRollen 4y ago
No, the calculation is done per transaction, not per block. You can calculate the per-block consumption pretty easily based on the stat that there are about 150[1] blocks mined daily and the total TWh used per year for the network is 200[2]. 200 TWh per year / (365 days * 150 blocks) = 3.6MWh per block. The amount of transactions per block is around 2,000[3], so if you divide that number by 2,000 you get around 1,800 kWh per transaction
[1] https://stats.buybitcoinworldwide.com/blocks-daily/ https://stats.buybitcoinworldwide.com/blocks-daily/
[2] https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/
[3] https://ycharts.com/indicators/bitcoin_average_transactions_per_block https://ycharts.com/indicators/bitcoin_average_transactions_...