Replying to Avatar Daniel Batten

Spot the difference

The story: Last week I noticed some weird behavior in my emissions tracker.

Turned out the Cambridge CBECI energy estimate was overestimates the amount of older inefficient machines that come into the network when Bitcoin price rises

Been working on an adjusted model that corrects for upward drift

The right hand picture is the corrected one.
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d0enakallešŸ‡āš” 2y ago

Where or how do you get data about how many older machines get activated after leaving the big mining facilities?

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Daniel Batten 2y ago

Not easy. You have to make assumptions. But we can make more accurate assumptions that better reflect current mining dynamics

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d0enakallešŸ‡āš” 2y ago

Okay. Maybe you could also include data of shops like https://21energy.io/produkte/ or https://kaboomracks.com/ about how many old miners they sell.

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Daniel Batten 2y ago

Yes thatā€™s valid input. In the Q3 2023 Bitcoin mining report from BMC, thereā€™s a graphic with estimated distribution and J/Th. Working on seeing if that data can be shared also.