Energy Economics
Data Set:
Real-world energy cost of the chain, using a time-varying ASIC efficiency curve (J/hash by block height). Cumulative values sum only the blocks in the selected data set.
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Embodied Energy (per block)
Real joules consumed by the network for each block:
difficulty × 2³² × 3.5e-11. Zero at genesis (no mining). Toggle units above (J / MJ / TJ / BOE; 1 BOE ≈ 5.8 GJ).Loading…
Cumulative Embodied Energy
Real joules consumed by the network, computed as
difficulty × 2³² × 3.5e-11 per block. Cumulative sum only includes blocks in the selected data set. Toggle units above (J / MJ / TJ / BOE; 1 BOE ≈ 5.8 GJ).Loading…
Joules per BTC
Cumulative embodied joules divided by cumulative supply (in BTC):
Σ embodied_joules / (cumulative_supply / 1e8). The energy "backing" per coin. A rising curve means the network is spending faster than supply grows — the physical deflation thesis. Toggle units above (J / MJ / TJ / BOE; 1 BOE ≈ 5.8 GJ).Real-World Equivalents
The per-coin energy cost of mining Bitcoin, expressed in familiar physical units. Numbers below are derived from the cumulative embodied joules per BTC at chain tip, divided by the energy content of each reference activity.
100,000,000 sats
≈
— BOE
≈ — TJ
·
— kWh
as of — · block —
| Activity | Energy | Sats |
|---|
Energy backing per coin is computed from the cumulative embodied joules up to the selected data set's tip — the true average over all BTC ever mined. Per-block figures on the charts above are exact; the table is a static cross-section of the latest cumulative state.