How much electricity consumes Ethereum and Bitcoin
https://infogram.com/consumption-of-electricity-1g0n2oz91ronp4y
Specifically, how much electricity consume these two cryptosystems for their operation. The whole system is based on the mining where the computer has to deal with certain activities to create new units and approve old transactions in the end.
Of course, it depends on who can benefit here, in the big scale like Bitcoin or at home like Ethereum. Of course, this extraction requires electricity and at the same time it is the biggest cost of mining.
The following infographics show the energy performance of Bitcoin and Ethereum. Of course, this is an approximate estimate that depends on the difficulty of mining, the efficiency of the equipment and, of course, the price of electricity and the price of BTC / ETH.
In economic models, it is assumed that the vast majority of costs are the cost of electricity, as we mentioned above. The model is based on the theory that projects are effective (the amount of BTC / ETH used) when income exceeds operating costs.
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