Well this site says that the bitcoin network uses at least 91 TWh annually.
According to fediverse.observer, there’s roughly 21000 Fediverse servers online.
Let’s just assume that a server on the Fediverse uses 500W. That’s quite a high estimate btw, but we can overestimate, it’s fine.
That gives roughly 0.09 TWh annually, or about 0.1% of the bitcoin network. And remember that’s an overestimate and remember that that only considers bitcoin and no other cryptocurrencies.
That’s my intuition too. Would like to see sources to back it up though.
Well this site says that the bitcoin network uses at least 91 TWh annually.
According to fediverse.observer, there’s roughly 21000 Fediverse servers online.
Let’s just assume that a server on the Fediverse uses 500W. That’s quite a high estimate btw, but we can overestimate, it’s fine.
That gives roughly 0.09 TWh annually, or about 0.1% of the bitcoin network. And remember that’s an overestimate and remember that that only considers bitcoin and no other cryptocurrencies.
👍 That confirms my own assumptions, thanks for the link and estimated comparison!