UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global BTC mining network consumed 173.42 TW/hs of electricity.UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 terawatt-hours of electricity.
At the time, fossil energy sources accounted for 67% of the electricity generated for Bitcoin mining. However, crypto entrepreneurs have taken proactive measures to increase their dependence on green energy. According to the UN report, the top 10 Bitcoin mining nations at the time — China, United States, Kazakhstan, Russia, Malaysia, Canada, Germany, Iran, Ireland and Singapore — were responsible for 92%–94% of the global carbon, water and land footprint of Bitcoin.
Christian Anders, founder of BT.CX, told Cointelegraph that Bitcoin mining is not very common due to high energy prices. However, he added:
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