the way forward is more energy, be aware about how backward the anti-energy climate cultists are.
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
One other data point I want to add is global energy production, I'm wondering how these lines will intersect.
And yes, more energy is always preferable to less energy. They conflate energy efficiency with energy starvation.
Climate adherents want starvation and the suicide of humanity. Try to prove that wrong