That's 7,430,000,000 hashes every second from computers around the world.

Equivalent to about 337,727 × Ryzen 9 7950X CPUs (each one averaging 22 KH/s)

337,727 CPUs × 200 W ≈ 67,545,400 W = 67.5 MW

Sustained, that's 591.3 GWh/year — about 0.59 TWh. Not that much, all things considered.

Using these estimates, the Monero network's power consumption is comparable to:

• ~56,000 US homes worth of annual electricity (a mid-size city's residential load)
• ~148,000 electric cars driven for a year
• ~19,300 Antminer S21s
• A ~270 MW solar farm (~680,000 panels) or ~39 five-megawatt wind turbines to offset it
• About ~0.37% of Bitcoin's annual energy

Would you call that efficient, or insufficient?
Let's check back in a year, after FCMP. What do you think the hashrate will be then? Place your bets in the comments.

https://stasher.news/uploads/1017
source: https://miningpoolstats.stream/monero