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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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  • bitcoinBitcoin(BTC)$87,174.00-1.50%
  • ethereumEthereum(ETH)$2,955.31-1.70%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$841.71-1.94%
  • rippleXRP(XRP)$1.87-1.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.51-1.75%
  • tronTRON(TRX)$0.283393-0.39%
  • staked-etherLido Staked Ether(STETH)$2,954.77-1.72%
  • dogecoinDogecoin(DOGE)$0.129215-2.24%
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  • bitcoinBitcoin(BTC)$87,174.00-1.50%
  • ethereumEthereum(ETH)$2,955.31-1.70%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$841.71-1.94%
  • rippleXRP(XRP)$1.87-1.54%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$123.51-1.75%
  • tronTRON(TRX)$0.283393-0.39%
  • staked-etherLido Staked Ether(STETH)$2,954.77-1.72%
  • dogecoinDogecoin(DOGE)$0.129215-2.24%