@billmaher Bitcoin uses ~170 TWh/yr but secures trillions with less energy than legacy banking (~260–700+ TWh) + gold mining (~240 TWh). It repurposes wasted energy (flare gas, excess renewables) for sound money. Facts matter Maher! Bill is proving his ignorance once again.
@billmaher Bitcoin uses ~170 TWh/yr but secures trillions with less energy than
Traver wake
Verified Source
2026-02-18
2 min read
Source
**Key Insight:** Bitcoin 's energy consumption is significantly lower than that of legacy banking and gold mining, indicating a potential for significant cost savings through off-grid power generation.
GasGx Editorial Insight
**Key Insight:** Bitcoin's energy consumption is significantly lower than that of legacy banking and gold mining, indicating a potential for significant cost savings through off-grid power generation.
[Body Paragraph 1: Analysis of the market/tech situation]
The article highlights Bitcoin's impressive energy efficiency by comparing it to traditional banking and gold mining. While Bitcoin uses approximately 170 TWh per year, it secures trillions in value with less energy than legacy banking (~260–700+ TWh) and gold mining (~240 TWh). This suggests that there is significant potential for cost savings through off-grid power generation, particularly in areas where renewable energy sources are abundant.
[Body Paragraph 2: The specific operational implication]
For gas plant operators, this means that they can potentially reduce their energy costs by implementing off-grid power generation technologies. By repurposing wasted energy from other industries like Bitcoin, gas plants can generate electricity without relying on expensive grid-based power sources. This not only reduces operating expenses but also contributes to the broader goal of reducing greenhouse gas emissions.
[GasGx Take:]
To address the issue highlighted in the article, GasGx offers a range of solutions tailored to off-grid power generation needs. Our "GasGx LCOE Calculator" allows operators to precisely forecast their energy costs, ensuring they make informed decisions about investment and maintenance. Additionally, our "GasGx Smart Monitoring System" provides predictive alerts to help operators stay ahead of any potential issues or disruptions, further enhancing their operational efficiency.
[Recommended SEO Tags:]
- "Bitcoin Energy Consumption"
- "Off-Grid Power Generation"
- "GasGx Solutions"
- "Energy Cost Reduction"
- "Greenhouse Gas Emissions"
[Body Paragraph 1: Analysis of the market/tech situation]
The article highlights Bitcoin's impressive energy efficiency by comparing it to traditional banking and gold mining. While Bitcoin uses approximately 170 TWh per year, it secures trillions in value with less energy than legacy banking (~260–700+ TWh) and gold mining (~240 TWh). This suggests that there is significant potential for cost savings through off-grid power generation, particularly in areas where renewable energy sources are abundant.
[Body Paragraph 2: The specific operational implication]
For gas plant operators, this means that they can potentially reduce their energy costs by implementing off-grid power generation technologies. By repurposing wasted energy from other industries like Bitcoin, gas plants can generate electricity without relying on expensive grid-based power sources. This not only reduces operating expenses but also contributes to the broader goal of reducing greenhouse gas emissions.
[GasGx Take:]
To address the issue highlighted in the article, GasGx offers a range of solutions tailored to off-grid power generation needs. Our "GasGx LCOE Calculator" allows operators to precisely forecast their energy costs, ensuring they make informed decisions about investment and maintenance. Additionally, our "GasGx Smart Monitoring System" provides predictive alerts to help operators stay ahead of any potential issues or disruptions, further enhancing their operational efficiency.
[Recommended SEO Tags:]
- "Bitcoin Energy Consumption"
- "Off-Grid Power Generation"
- "GasGx Solutions"
- "Energy Cost Reduction"
- "Greenhouse Gas Emissions"
Operational CTA
Recommended GasGx Navigation: Bitcoin
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