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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)$88,622.001.08%
  • ethereumEthereum(ETH)$2,962.040.90%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$841.470.03%
  • rippleXRP(XRP)$1.87-0.63%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$122.870.48%
  • tronTRON(TRX)$0.279758-0.03%
  • staked-etherLido Staked Ether(STETH)$2,959.431.03%
  • dogecoinDogecoin(DOGE)$0.125765-1.57%
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  • bitcoinBitcoin(BTC)$88,622.001.08%
  • ethereumEthereum(ETH)$2,962.040.90%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$841.470.03%
  • rippleXRP(XRP)$1.87-0.63%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$122.870.48%
  • tronTRON(TRX)$0.279758-0.03%
  • staked-etherLido Staked Ether(STETH)$2,959.431.03%
  • dogecoinDogecoin(DOGE)$0.125765-1.57%