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How to Survive the 2024 Bitcoin Halving - Bitcoin Mining Analysis - BTC Stock News - Anthony PowerBitcoin's electricity usage compared with countries � Average years of household-equivalent electricity to mine one Bitcoin. Another estimate suggests that Bitcoin currently consumes around TWh of electricity annually. According to the Cambridge Centre for Alternative Finance. A recent report has found that the mining of Bitcoin consumes less electricity than that of all of the refrigerators and televisions in the U.S.