Bitcoin energy consumption in the future depends massively on the future Bitcoin (BTC) price, according to an analysis by Arcane Research. If the BTC price reaches $2 million by 2040, Bitcoin energy consumption may hit 894 TWh per year. However, if the BTC price reaches $500,000 by 2040, Bitcoin will consume only 223 TWh per The post Bitcoin Energy Consumption To Decline As It Hit 100K, 500k, 2M By 2040, Here’s Why appeared first on CoinGape.