Global Bitcoin mining electricity consumptionNumber of billionaires worldwide
Global Bitcoin mining electricity and the worldwide billionaire count, both climbing. Two completely independent forms of late-2010s and early-2020s wealth concentration, sharing the same upward path. The mine and the membership list, both extending.
Global Bitcoin mining electricity grew from a few terawatt-hours in 2017 to over 100 by 2024, larger than the annual consumption of many mid-sized countries. The worldwide billionaire count grew from about 2,200 in 2017 to over 2,800 by 2024 as global asset prices, tech-stock appreciation, and post-pandemic stimulus minted new fortunes. Two completely unrelated wealth-and-power concentration stories sharing a window because the same seven years scaled both a cryptocurrency-mining footprint and a fortune-counting list.
Different forms of concentration shared a decade. The energy bill and the billionaire list, both up.
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Data Sources
Global Bitcoin mining electricity consumptionccaf.io ↗