Guide · Energy

How much energy does Bitcoin mining use?

By the CloudMineCrypto teamUpdated 8 min read

The short answer

A lot, and on purpose. Cambridge put Bitcoin’s yearly electricity use at about 138 TWh in mid-2024, around 0.54% of the world’s. Today’s live hashrate times an assumed machine efficiency gives a rough current figure of about 28 GW, shown below. The energy follows the value of mining rewards, not the number of transactions. Where it hurts is fossil power; where it helps is surplus power that would go to waste.

Key takeaways

  • Proof of work turns electricity into security: rewriting blocks would cost the same energy again.
  • Energy tracks hashrate and rewards. A block uses about the same energy with one transaction or thousands.
  • Cambridge’s 2024 survey: 52.4% sustainable power, natural gas the biggest single source.
  • With CloudMineCrypto you can mine bitcoin for free, with no hardware and no power bill.

Network power, rough estimate

28.3GW

≈ 248 TWh a year

Live network hashrate of 1,003 EH/s × 28.2 J/TH assumed efficiency.

More efficientLess efficient

Your estimate next to Cambridge’s, in TWh a year

This estimate
248
Cambridge, June 2024
138

That’s about 7.8 million machines like the Antminer S21 XP (3,645 W) running nonstop.

Each square is 100 thousand machines.

4,715 MWh

per block, at one block every 10 minutes

679 GWh

per day, running nonstop

A rough estimate from live hashrate × assumed efficiency, not a measurement. Hashrate is a live estimate, updated hourly. 28.2 J/TH is the fleet average in Cambridge’s 2025 industry report, measured in June 2024; newer machines have joined since, so today’s real figure is probably lower. Machine ratings are Bitmain’s. Cambridge’s 138 TWh is its estimate for June 2024, and the network’s hashrate has changed since.

How much electricity does Bitcoin mining use?

The most cited figure comes from Cambridge. Its 2025 industry report puts the network at about 138 TWh a year as of mid-2024. The live Cambridge Bitcoin Electricity Consumption Index tracks it over time, with a lower and upper bound, because nobody can meter every miner.

138 TWh

Electricity per year

Cambridge, mid-2024

0.54%

Share of global electricity

Cambridge, mid-2024

39.8 Mt

CO₂e per year

Cambridge estimate

0.08%

Share of global emissions

Cambridge estimate

You can also estimate it yourself. Power is hashrate times efficiency, and hashrate is public. That’s what the meter at the top does:

1,003 EH/s × 28.2 J/TH ≈ 28.3 GW ≈ 248 TWh a year
Live hashrate, updated hourly. 28.2 J/TH is Cambridge’s June 2024 fleet average. A rough estimate, not a measurement.

The weak spot is the efficiency. Nobody knows exactly which machines are running, and the gap between an old and a new one is huge. That’s why Cambridge publishes a range, and why the meter has a slider.

Why does Bitcoin mining use so much energy?

Because the energy is the security. Under proof of work, a miner can only add a block by finding a hash below a target, and the only way to find one is to guess, billions of times a second. To rewrite past blocks, an attacker would have to redo that work faster than everyone else combined. The Bitcoin whitepaper builds the whole system on that cost.

Definition · Proof of work

A way to agree on a shared ledger where adding a block requires provable computing effort. The effort costs electricity, which makes rewriting history expensive.

How much energy? Nobody sets it. Miners keep plugging in machines as long as rewards are worth more than their power, and difficulty rises to keep blocks about 10 minutes apart.

The loop that sets mining’s energy use

  1. 1

    Rewards are worth money

    Each block pays the block reward plus fees, in bitcoin.

  2. 2

    Miners add machines

    While hashing earns more than the power costs, it pays to plug in more.

  3. 3

    Hashrate goes up

    More machines means more guesses per second across the network.

  4. 4

    Difficulty catches up

    Every 2,016 blocks the target resets, so blocks stay about 10 minutes apart.

  5. 5

    Margins shrink

    Each machine now wins less. The least efficient ones switch off.

Transaction count appears nowhere in the loop. Fees do, which is the one link between usage and energy.

You can see the economics in live numbers. Miners as a whole are expected to earn the figure below each day, and at the assumed efficiency the network burns this much energy doing it:

$38.1M

Miner revenue per day

live estimate, incl. average fees

679 GWh

Energy per day

rough estimate at 28.2 J/TH

$56

Revenue per MWh used

revenue Ă· energy

1,003 EH/s

Network hashrate

live, updated hourly

Any miner who can buy power for less than that per MWh, with good enough machines, has a reason to add more. So when the bitcoin price rises, energy use tends to follow.

Is “energy per transaction” a fair measure?

You’ll often see a headline figure for the energy of one Bitcoin transaction. It’s total energy divided by transaction count, and it misleads, because the two aren’t linked. Miners hash just as hard for a block with one transaction as for a full one. Try it:

Try it: divide one block’s energy

Energy for this block4,715 MWh

Same whatever you pick below. It comes from the hashrate estimate above, at 28.2 J/TH.

Each square is about 8 transactions.

“Energy per transaction”

2.4 MWh

The numbers you pick are yours, not measured block contents. The block energy is a rough estimate from live hashrate × assumed efficiency. Opening and closing a Lightning channel takes on-chain transactions, which this toy leaves out.

The per-transaction number moves a lot. The energy doesn’t. It also ignores payments that settle off-chain. On the Lightning Network, two people open a channel with one on-chain transaction and can then pay each other many times without touching the chain.

Do better machines cut Bitcoin’s energy use?

Machines have become far more efficient. Here’s what today’s live hashrate would draw if every miner ran the same model:

Today’s hashrate on one machine model, as a network power draw

Antminer S9
98.2 J/TH, 2016 generation
99 GW
Antminer S19j XP
21.5 J/TH, air-cooled
22 GW
Antminer S21
17.5 J/TH, air-cooled
18 GW
Antminer S21 XP
13.5 J/TH, air-cooled
14 GW
Antminer S23 Hyd.
9.5 J/TH, liquid-cooled
10 GW
Live hashrate (1,003 EH/s) × each model’s manufacturer-rated J/TH. The S9’s figure is derived from its rated watts and TH/s (Bitcoin Wiki). Dashed line: Cambridge’s June 2024 fleet average of 28.2 J/TH.

The twist: efficiency doesn’t lower the total on its own. A better machine earns more per kWh, so miners buy more of them and hashrate climbs. The energy budget is still set by rewards and power prices. Better machines mostly change how much security each kWh buys. The machine guide covers the hardware.

Where does Bitcoin mining get its power?

Mining is unusual as a power user. It needs no customers nearby, just a connection, and it can switch off in seconds. So miners go where power is cheapest, which is often power nobody else wants.

Cheap grid

Low-cost regions

Places with cheap hydro, wind, gas or nuclear power attract big sites, subject to local rules.

Stranded

Power with no buyer

Gas that would be flared at oil wells, or hydro and wind far from demand, can run miners on site.

Flexible

Switches off on demand

Farms can drop load when the grid is tight. Cambridge’s survey reported 888 GWh switched off in 2023.

Heat

Heat reuse

Every watt ends up as heat. Some sites warm greenhouses or buildings, mostly with liquid cooling.

Where surveyed miners got their electricity

  • Natural gas 38.2% · fossil
  • Coal and oil 9.4% · fossil
  • Hydro 23.4% · sustainable
  • Wind 15.4% · sustainable
  • Nuclear 9.8% · sustainable
  • Solar and other 3.7% · sustainable
Cambridge Digital Mining Industry Report (April 2025). Self-reported by 49 firms, mostly US-based. Sustainable (hydro, wind, nuclear, solar and other renewables) adds up to 52.4%. Coal 8.9% and oil 0.5% are combined, as are solar 3.2% and other renewables 0.5%.

Read that with care. It’s what companies told Cambridge, and they skew towards the US. Where mining happens also shifts. After China banned it in 2021, the US became the biggest hub, though Cambridge’s mining map showed mining carried on in China too. The country breakdown is in the mining farm guide.

What are the real criticisms of Bitcoin’s energy use?

Some criticisms hold up well. Here they are, with what the data shows and what’s still argued about.

It adds carbon emissions.

What the data says

Where miners burn fossil fuel, yes. Cambridge estimated about 39.8 Mt CO₂e a year, around 0.08% of global emissions, and natural gas was the largest single source in its survey.

Still argued about

Whether flared or surplus power should count the same as grid power, and whether mining’s flexibility helps grids add more wind and solar.

It uses as much power as a country.

What the data says

At about 0.54% of global electricity, it’s in the range of a mid-sized country, as the CBECI shows.

Still argued about

Whether that’s worth it. That depends on how much you value a payment network no one controls, which is a judgment, not a measurement.

Machines turn into e-waste.

What the data says

ASICs only mine, so they’re scrapped once they can’t cover their power. Surveyed firms reported 86.9% of retired hardware reused or recycled.

Still argued about

That figure is self-reported, and the rest of the fleet isn’t covered. Fast upgrade cycles still produce a steady stream of retired machines.

Farms are a burden on neighbours.

What the data says

Air-cooled machines are loud, and a large farm draws a steady load from the local grid.

Still argued about

How much that raises local power prices, and how much demand response payments offset it, varies from grid to grid.

Our honest read: mining’s energy use is large and deliberate, its footprint depends on the power mix, and the best evidence is published by Cambridge. Read the CBECI and decide for yourself.

How can you mine Bitcoin without the power bill?

With CloudMineCrypto you earn bitcoin from mining for free, and your phone doesn’t do the hashing, so there’s nothing on your power bill beyond running the app. Claim the free plan, or earn more plans by watching ads, playing games, completing offers and checking in daily. Your BTC balance grows while plans run, and you can withdraw to your own wallet, Lightning included. Want more speed? Add an optional paid plan.

$0

Free to start

Free plan, ads, games, offers and daily check-ins all add mining plans.

0 W

No hardware at home

No machine to buy, no noise, no heat and no extra power bill.

How plans and rewards work is in the cloud mining guide, and every free way to earn is in free Bitcoin mining. For mining with your own hardware, start with how to start Bitcoin mining.

Frequently asked questions

How much electricity does Bitcoin use?

Cambridge estimated about 138 TWh a year as of mid-2024, roughly 0.54% of global electricity use. Multiplying today’s live hashrate by an assumed machine efficiency gives a rough current figure, which this page shows and lets you adjust.

Why does Bitcoin mining use so much energy?

Proof of work makes miners spend real computing effort to add a block, so rewriting history would cost as much energy again. Miners keep adding machines while rewards are worth more than the power, so the energy tracks the value of rewards rather than the number of users.

How much energy does one Bitcoin transaction use?

There isn’t a meaningful answer. The network uses roughly the same energy whether a block holds one transaction or thousands, so dividing total energy by transactions gives a number that swings with block contents and ignores payments settled off-chain, such as Lightning.

Is Bitcoin mining bad for the environment?

Where it runs on fossil power it adds emissions: Cambridge estimated about 39.8 Mt CO₂e a year, around 0.08% of global emissions. Miners in its survey also reported 52.4% sustainable power and flexible use of surplus energy. How you weigh that depends on the grid and on what you think Bitcoin is worth.

Does mining use renewable energy?

Partly. Firms in Cambridge’s 2024 survey reported 52.4% sustainable electricity, with natural gas the largest single source at 38.2%. The survey is self-reported and leans towards US companies.

Does a CloudMineCrypto plan use electricity on my phone?

No hashing happens on your phone, so a plan adds nothing to your power bill beyond running the app. You can start free with the free plan, ads, games, offers and daily check-ins, and withdraw to your own wallet. Rewards are estimates, and a plan doesn’t give ownership of any specific hardware or pool.

Sources and further reading

  1. Cambridge Bitcoin Electricity Consumption Index (CBECI) · Cambridge Centre for Alternative Finance
  2. Bitcoin mining map: methodology · Cambridge Centre for Alternative Finance
  3. Cambridge Digital Mining Industry Report (April 2025) · Cambridge Centre for Alternative Finance
  4. Bitcoin mining: new data reveal a surprising resurgence · Cambridge Judge Business School
  5. Bitcoin: A Peer-to-Peer Electronic Cash System · Satoshi Nakamoto (bitcoin.org)
  6. Antminer S21 XP specifications · Bitmain (manufacturer)
  7. Lightning Network · Bitcoin Wiki

Live figures on this page (network hashrate, block reward, BTC price) come from the CloudMineCrypto API, refreshed hourly, and are labelled where they appear. This guide is educational and not financial advice. CloudMineCrypto is not an investment product; rewards in the app are estimates and aren’t guaranteed.

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