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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)$89,437.00-3.27%
  • ethereumEthereum(ETH)$3,030.42-3.93%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-3.35%
  • binancecoinBNB(BNB)$886.33-1.85%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.67-4.20%
  • tronTRON(TRX)$0.286040-0.19%
  • staked-etherLido Staked Ether(STETH)$3,028.23-4.03%
  • dogecoinDogecoin(DOGE)$0.140160-5.31%
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  • bitcoinBitcoin(BTC)$89,437.00-3.27%
  • ethereumEthereum(ETH)$3,030.42-3.93%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.04-3.35%
  • binancecoinBNB(BNB)$886.33-1.85%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.67-4.20%
  • tronTRON(TRX)$0.286040-0.19%
  • staked-etherLido Staked Ether(STETH)$3,028.23-4.03%
  • dogecoinDogecoin(DOGE)$0.140160-5.31%