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Sep 28, 2017 The collective Bitcoin hash rate is equivalent to 712,672 S9 miners running in parallel. An S9 uses 1375W, which means that in 1 hour it consumes 1.375 kW/h. In USA, a kWh costs $0.12 on average. (It can be as low as 0.04, according to this EIA chart.) At 12c per kWh a running S9 costs $0.165 per hour.

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"[Bitcoin] is a techno tour de force. "Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value" - Eric Schmidt, CEO of (but I think that quote of mine is spot bloody on - and yes, I did say that in a presentation).