How much energy does blockchain use?
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Quick answer
It depends on the consensus mechanism. Proof-of-work chains use a lot of electricity. The University of Cambridge's revised estimate put Bitcoin's use at 95.5 TWh in 2022. The U.S. Energy Information Administration estimated that crypto mining made up 0.6% to 2.3% of U.S. electricity consumption. Proof-of-stake chains use far less. Ethereum's energy consumption fell by an estimated 99.95% when it switched to proof of stake in September 2022.
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- governmentGlossary: permissioned — NIST Computer Security Resource Center · accessed Sep 22, 2026 · Evidence page
- governmentGlossary: permissionless — NIST Computer Security Resource Center · accessed Sep 22, 2026 · Evidence page
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- officialBlocks — ethereum.org · accessed Nov 10, 2026 · Evidence page
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- academicBitcoin electricity consumption: an improved assessment — Cambridge Judge Business School, University of Cambridge · accessed Nov 10, 2026 · Evidence page