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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)$88,850.00-3.70%
  • ethereumEthereum(ETH)$3,029.09-4.27%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.42%
  • binancecoinBNB(BNB)$881.75-2.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.36-7.13%
  • tronTRON(TRX)$0.2846590.40%
  • staked-etherLido Staked Ether(STETH)$3,033.60-4.29%
  • dogecoinDogecoin(DOGE)$0.139041-6.79%
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  • bitcoinBitcoin(BTC)$88,850.00-3.70%
  • ethereumEthereum(ETH)$3,029.09-4.27%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.42%
  • binancecoinBNB(BNB)$881.75-2.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.36-7.13%
  • tronTRON(TRX)$0.2846590.40%
  • staked-etherLido Staked Ether(STETH)$3,033.60-4.29%
  • dogecoinDogecoin(DOGE)$0.139041-6.79%