A system and method dynamically scale power consumed by the circuitry of an electronic device based on channel state and/or data rate. The electronic device then operates according to the power scaling. The scaling may be in accordance with an effective data rate, a number of multiple input multiple output (MIMO) layers, receiver type, a cell scenario, or a number of carriers. A number of MIMO layers can be predicted based on at least one of channel conditions or a channel quality index (CQI).