4 ms·
digiconomist has a more "realistic" estimate by including real world factors like cooling costs, the operation of older, but still profitable hardware etc. into
by phoyd 9y ago
digiconomist has a more "realistic" estimate by including real world factors like cooling costs, the operation of older, but still profitable hardware etc. into their balance sheet. Their number is 32 TWh over the year (vs 9,6 TWh in the article above)
https://digiconomist.net/bitcoin-energy-consumption#assumptions https://digiconomist.net/bitcoin-energy-consumption#assumpti...
Also, their yearly estimate was only 26 TWh a month ago. If we project this into the next year, then we'll end with 130 TWh at the end of 2018 - or roughly 40% of what the UK consumes.