FAQs

FUD FAQs for Bitcoin. Fear, Uncertainty, and Doubt and Frequently Asked Questions for Bitcoin. This FAQ is designed to provide simple understandable and accurate answers to frequently asked questions and to assist Bitcoin supporters in defending Bitcoin against FUD attacks. This service is intended to be community-driven. If you have new questions or better answers please post them in the comments.

How much energy is consumed by Bitcoin mining?

Bitcoin mining consumes 110 Terawatt Hours per year — 0.55% of all global electricity production. Source: Harvard Business Review, May 2021

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