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The miner, who is buzzing under the table right now, extracting a cryptocurrency, a computer or even a small farm, probably doesn’t often think about how much all these video cards extract cueballs? Many, yes - this is understandable for the bills for electricity coming every month. But how much do all the world miners spend on electricity? Let's find out.
If you collect all the cryptocurrency miners together and organize a special state for them, then in the rating of all countries in terms of electricity consumption, the “country of miners” will take 71st place.
When mining cryptocurrency became a popular and fashionable business, it caused not only a shortage of video cards, but also a significant increase in energy costs, because not all people in the world can manage with a couple of video cards or home farms. Some businessmen equip themselves with giant premises numbering thousands and tens of thousands of video cards, motherboards and processors! Add to this advanced cooling systems, monitors and other devices necessary for successful cryptocurrency mining - this is already a small town that envies your appetites with white envy.
But if the Etherium cryptocurrency is to blame for the shortage of video cards, then more electricity is “consumed” by bitcoin farms. All Bitcoin and Ethereum miners consume more electricity than, say, Jordan, Iceland or Syria. The extraction of Etherium accounts for almost five terawatts / hour of electricity, and mining it Bitcoin takes three times more.
If we speak in a simple and understandable language, then all Bitcoin-miners spend together 27 times more electricity than the entire Visa payment system. And the rates continue to grow. Needless to say, even now this electricity may well be enough to more than provide for all the needs of one and a half million households in the United States, and in Russia even more.
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