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100X Bitcoin energy use would mean ‘absurd’ $20M BTC price — developer

July 19, 2022 by DIGIT
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For Bitcoin energy usage to increase to absorb more of the world’s waste energy, its market cap would end up being $420 trillion, calculates Sjors Provoost.

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Categories Bitcoin, BTC Price, mining
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  • bitcoinBitcoin(BTC)$68,108.00-1.23%
  • ethereumEthereum(ETH)$1,975.85-0.55%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.46-3.08%
  • binancecoinBNB(BNB)$619.430.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.92-0.06%
  • tronTRON(TRX)$0.2822720.64%
  • dogecoinDogecoin(DOGE)$0.099202-3.71%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$68,108.00-1.23%
  • ethereumEthereum(ETH)$1,975.85-0.55%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.46-3.08%
  • binancecoinBNB(BNB)$619.430.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$85.92-0.06%
  • tronTRON(TRX)$0.2822720.64%
  • dogecoinDogecoin(DOGE)$0.099202-3.71%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%