The US consumes about 4 PWh/year, so bitcoin isn't comparable with the nation as a whole. However, that is more power consumption than many individual states, so your overall point remains completely valid.
Your units are funny. Using W-hr (energy) and then making it a rate by making it per year which gets you back to power. You could have just said, “the US consumes energy at a rate of 450 GW”.
There’s no need to introduce hrs and years to the mix. Watts describe precisely what you’re attempting to quantify.
Whoops yeah that should have been 9.4 quadrillion BTU. The online calculator I used for TWH conversion was very wrong. Looks like the correct value is about 2,000 twh for the us commercial sector?
If we assume banks are 10% of that, then it’s 200 twh. 3x bitcoin. But also, handling literally all finance and banking in the US. Vs essentially nothing for bitcoin, compared to the scale of the us economy.
