Bitcoin Uses More Power Than Poland or Egypt

• Bitcoin network uses 21 GW of electricity.
• Consumption surpasses Poland and Egypt’s national usage.
• Raises global concerns about energy and sustainability.

The Bitcoin network is now secured by a massive 21 gigawatts (GW) of electricity, according to data from the University of Cambridge. To put that in perspective, this is more power than the entire annual electricity usage of countries like Poland or Egypt.

Bitcoin’s decentralized system relies on mining—a process that involves solving complex math problems using powerful computers. These mining operations are energy-intensive, and as the value of Bitcoin rises, more miners join the network, increasing its overall energy consumption.

How Does Bitcoin Electricity Consumption Compare?

According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), the current power use of the Bitcoin network surpasses many industrialized nations. Poland, a country of nearly 38 million people, and Egypt, home to over 100 million, both use less electricity annually than what is required to keep Bitcoin running.

This raises critical questions about the environmental sustainability of cryptocurrencies. While Bitcoin promises decentralization and financial freedom, its environmental cost cannot be ignored.

Moreover, as miners move to regions with cheaper electricity—often generated from fossil fuels—the carbon footprint becomes even more concerning. Some countries have even banned Bitcoin mining due to energy shortages and environmental impact.

Can Bitcoin Become More Energy Efficient?

Efforts are being made to improve the sustainability of Bitcoin. Some mining farms now rely on renewable energy sources, and proposals like “green mining” are gaining traction. Still, the core problem remains: Bitcoin’s proof-of-work system is inherently energy-hungry.

Some experts believe a shift to less energy-intensive models, like proof-of-stake (used by Ethereum), could be a long-term solution. However, such a shift would require significant changes to Bitcoin’s foundational code—something the community has yet to agree on.

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