Very interesting!
As of January 2024, bitcoin mining is using 0.0094% of an Earth sized Kardashev Scale I civilisation.
This is up from 0.00164% in January 2019.
Next step is to extrapolate the data to see when bitcoin forces humanity into a Scale I civilisation.
Hashrate: 523 Exahash/s [1]
Efficiency: 36 J/Terahash [2]
Kardashev Scale I for Earth: 2*10^17 watts [3]
Sources:
1: https://bitinfocharts.com/comparison/hashrate-btc-sma14.html#alltime
2: https://coinmetrics.io/special-insights/bitcoin-nonce-analysis/ (Guessed the efficiency for 2024)
3: https://en.wikipedia.org/wiki/Kardashev_scale#Type_I
Would appreciate if someone can verify the calculation.
Discussion
No replies yet.