Cambridge Centre for Alternative Finance Launches Bitcoin Electricity Consumption Index

An index to estimate the annual consumption of the Bitcoin network has been launched as a pilot project by the Cambridge Centre for Alternative Finance. The energy consumption of the Bitcoin network is an often hotly debated subject especially in regards to its impact on the environment. The FAQ section of the website states that as a second phase of the project, it plans to “launch an interactive geographic map that tracks the location and energy mix of Bitcoin mining facilities.”