3min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden: Bitcoin's Energy Usage Isn't a Problem. Here's Why.

Swan Signal Live - A Bitcoin Show

CHAPTER

Introduction

Bitcoin's energy use has been in the news for years. The entire Bitcoin network at its peak estimated consumption level uses less than 0.1% of the world's energy consumption. In the very long run, if Bitcoin is wildly successful and becomes a systemically important asset and payment system used by over a billion people, it should max out at just several tenths of 1% of global energy usage.

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