Page 53 - IRANRptDec20

Bitcoin power consumption need not blow your brains - yet
Ardebil, and will feed electricity into the local grid.
ILNA reported Haeri as saying the project was 71% complete and that “technical knowledge in the design, construction and commissioning of geothermal power plants... has become indigenous”.
The first phase of the plant development will attribute a 5 MW turbine, while a total of 50 MW is the goal of later phases.
Russia, Kazakhstan and Iran, take a bow (or perhaps bury your head in shame from the environmental perspective) for making the top 10 for Bitcoin hashing on the​ ​Cambridge Bitcoin Electricity Consumption Index. Those mining Bitcoin—a decentralised digital currency without a central bank or single administrator—refer to the “hashrate”. Put simply, the hashrate is a measure of the computing power people plugged into electrical grids around the world are contributing to the mining.
And​ ​here​ and below is that top 10 as calculated by a study from the Cambridge Centre for Alternative Finance at the University of Cambridge’s Judge Business School.
Assessing just how much electricity the 11-year-old global Bitcoin mining industry—with its peer-to-peer electronic cash system—is consuming, the study settles on an annualised estimate of 7.46 GW, equivalent to around 64.83 terawatt-hours of energy consumption (slightly more than the Czech Republic, at 62.34 TWh per year, and Austria, at 64.60 TWh per year consume).
53​ IRAN Country Report December 2020 www.intellinews.com