—Read Here— “Musk’s move may also indicate that Teslas weren’t flying off the shelves as a result of accepting Bitcoin payment, wrote Bloomberg Green reporter Lionel Laurent.
He added that Bitcoin’s network takes a whopping estimated “20-80 terawatt hours in 2019 to more than 100 this year.”
To put that number into perspective a single terawatt hour is the equivalent of one trillion kilowatt hours or about half a million barrels of oil according to kylesconverter.com.
Forbs reported that “a single Bitcoin transaction uses roughly 707.6 kilowatt-hours of electrical energy–equivalent to the power consumed by an average U.S. household over 24 days, according to Digiconomist.”
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