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How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?
Back in 2017, we did the math to figure out how much oil it takes to mine a single Bitcoin. The answer then was about 20 barrels of oil equivalent per coin.
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Summary
Back in 2017, we did the math to figure out how much oil it takes to mine a single Bitcoin. The answer then was about 20 barrels of oil equivalent per coin. Today it's closer to 500.
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