Data from Cambridge Judge Business School shows XRP’s energy footprint is far smaller than Bitcoin’s, costing $0.0000028 per transaction on an annual 405,938 kWh usage.
XRP Ledger recorded an annual electricity usage of 405,938 kilowatt-hours, resulting in a cost of approximately $73,000 for one year and translating to about $0.0000028 per transaction. In comparison, Bitcoin’s network consumed electricity worth between $8 billion and $12 billion annually. The figures, highlighted by Cambridge Judge Business School, underscore the stark energy efficiency difference between XRP’s consensus mechanism and Bitcoin’s proof-of-work mining process.