World TeraHash x Bitcoin Average J/THash = Watts.
346,715,348 x 26.9 = 9.3 GW
Bitcoin Power Consumption = Watts x Hours/year
Power: 81.8 TWh per year
Bitcoin CO₂ = Power x gCO₂/kWh
CO₂ (Scope 2): 81.8 x 217 = 17.7 Mt per year
17.7 - 1.6 Mitigation = 16.1 Mt per year
PV
The ice is the BS filter & this does not look good
Things rapidly improved when I added some more relays (24)
2 paid
Find them hear https://nostr.watch/relays/find
If entire Bitcoin mining network consisted of Bitmain S19 XP 140TH ASICs it would require -
2,142,857 units (300,000,000TH / 140TH)
Consuming 2,142,857 x 3010Watts = 6.45 GW
56.5 TWh/year
My latest calcution for Bitcoin Power Consumption, Average j/TH & Emissions.
Back links greatly appreciated to counter the energy/climate FUD.
Cheers
World Hash rate just smashed the all time high 379 ExaHash !
I think the lights just went dim in Texas
Ok will have a look tomorrow 👍
Would love to but trying to figure a way without doxing myself on Telegram
"Can #Bitcoin Stop Climate Change? Proof of Work, Energy Consumption and Carbon Footprint (SoK)" by J. I. Ibañez et A. Freier.
"We find that a net-decarbonizing effect led by renewable-based mining is indeed plausible."
Link:
https://www.resistance.money/research/can_bitcoin_stop_climate_change.pdf
#[1]
I think the biggest benefit Bitcoin can bring to the climate is we are no longer forced to invest (usually gas & oil) to preserve our savings/ pension etc. I think this will dwarf the few Megatons Bitcoin is directly responsible for. This is what I refer to as “The Big Tomali”
Bitcoin mining ASIC heating 6 month service
https://www.thehodler.info/uploads/b/22846698-735129218423147393/p75_506.mp4
