Informational only. Not investment advice; nothing here is a recommendation to buy, sell or hold any asset.
This section treats crypto as information secured by energy. Prices are listed in dollars, and the Bitcoin figures are converted into the electricity used to produce them, using only sourced inputs with the math shown.
| A. Network electricity, per year | 138 TWh | Cambridge, 2025-04-28 |
| B. Per day = A × 10⁹ ÷ 365 | 378,082,192 kWh | derived |
| C. Blocks per day (last 7 days, 971,754 → 972,818) | 152.0 | mempool.space, 2026-10-23 |
| D. Miner reward per block, subsidy + fees (blocks 971811-972818) | 3.1410 BTC | mempool.space, 2026-10-23 |
| E. New BTC paid to miners per day = C × D | 477.4 BTC | derived |
| F. Electricity per BTC mined = B ÷ E | 791,912 kWh | derived |
|---|---|---|
| G. F priced at US retail power ($0.196/kWh, BLS 2026-09) | $155,215 | derived |
| H. BTC price | $81,366.00 | CoinGecko, 2026-10-23 18:48 UTC |
| I. $1,000 of BTC = 1,000 ÷ H | 0.012290 BTC | derived |
| J. Electricity behind $1,000 of BTC = I × F | 9,733 kWh | derived |
| K. $1,000 of US retail power = 1,000 ÷ 0.196 | 5,102 kWh | BLS 2026-09 |