21Shares: Bitcoin energy debate lacks needed context
- —52.4% of Bitcoin's electricity comes from sustainable sources: 42.6% renewables and 9.8% nuclear
- —The banking system consumes ~237 TWh per year — 57% more than the Bitcoin network
- —From 2021 to 2025, hashrate grew 6x while energy consumption only doubled
- —Global data centers will consume 415 TWh in 2025 and up to 945 TWh by 2030
Why it matters: Energy consumption arguments remain a key point for Bitcoin critics, and such data could ease regulatory pressure.
Source: Crypto Economy