This visualization looks at the staggeringly high energy use of Bitcoin and puts it into context: comparing it to electricity usage of US states. Unfortunately for Bitcoin, high energy usage is an intended feature of the system, rather than an unintended consequence. This is because mining is an increasingly energy intensive process, based upon increasingly computationally intensive calculations that are performed on high powered computers and graphical processing units.
Currently, 28 out of 50 states plus the District of Columbia all have lower electricity consumption than estimated annual bitcoin electricity consumption (~73 TWh per year). These states are highlighted in variations of yellow. This is approximately equal to the average annual electricity usage across all US States. States with higher electricity consumption than bitcoin are highlighted in shades of red.
When dividing the total energy use (73 TWh) by the current number of transactions (93 million), we get an average energy consumption of 783 kWh per transaction. Click on the “Energy per Transaction” button to see this visualization. What’s crazy is that a transaction is simply a transfer of bitcoin between “wallets”, recording the transaction, and a validation of the process. There’s no good reason why verifying digital transactions should take this much energy, except that it was built into the fundamental process of validating and mining bitcoin. 783 kWh is larger than the monthly per capita electricity consumption in 10 US states. It could also drive you and your family over 2000 miles in an electric car (e.g. Tesla Model S).
I’m not expert enough in this area to know how much more energy consumption will rise into the future, but if crypto advocates’ predictions come true and bitcoin is used extensively, millions of transactions will occur per hour instead of per year and the price of bitcoin may rise much higher than it currently is. If the price rises, then miners will be willing to expend more energy to “mine” the more valuable bitcoin. Needless to say, this sounds like a very bad idea from an energy consumption and sustainability standpoint.
Data and Tools:
This visualization shows the amount of solar intensity (also called solar insolation and measured in watts per square meter) all across the globe as a function of time of day and day of year. This is an idealized calculation as it does not take into account reductions in solar intensity due to cloud cover or other things that might block the sun from reaching the earth (e.g dust and pollution).
As would be expected, the highest amount of solar intensity occurs on the globe right where the sun is overhead and as the angle of the sun lowers, the solar intensity declines. This is why the area around the equator and up through the tropics is so sunny, the sun is overhead here the most. If you click on the map you should see a popup of the intensity of sunlight at that location.
As the earth rotates over the course of a day, the angle of the sun changes and eventually the angle is so low, the sun is blocked by the horizon (this is sunset).
Again, the intensity will depend on the angle it makes with the sun and so it depends on your location on earth (i.e. latitude). Latitudes around the equator will receive more sunlight because their angle is closer to perpendicular.
Shifting through the days of the year, you can start to see the cause of the seasons as the amount of sunlight changes and more or less sunlight goes to each of the northern and southern hemispheres.
Calculations and Tools:
This was a fun project for me to learn online mapping tools and programming.
Tesla has been building innovative and industry-leading battery-powered cars for about a decade, starting with the Roadster, and then the Model S and Model X. The company unveiled the Model 3 (their first mass-market electric car with 220 miles of range, priced at “$35,000”), in early 2017 and hundreds of thousands of people put down a $1000 deposit within a few days. Overall, the number of these pre-orders total about half a million! It was impressive for a car most people have not driven or even seen.
The company also has had optimistic timeframes for producing and shipping these vehicle: they had originally estimated production rates of 5000 cars/week by the end of 2017 and 10,000 cars/week(!) in 2018. That’s Civic or Camry levels. These have since been delayed due to reports of “production hell” in scaling up mass production for the vehicles. Given the unprecedented demand and production challenges as Tesla transitions from niche automaker to mass-market production, I thought it would be worthwhile to track the sales of Model 3s as they are built and shipped to customers with the Model 3 Sales Tracker. Average sales price has been far above the $35,000 price initially announced. Production has reportedly passed 5000 cars/week intermittently, if not continuously, in the summer of 2018.