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Here is what a real scientist says: Koomey says that de Vries’ work is “fundamentally flawed” because it backs into bitcoin’s power consumption by estimating m
by mcnichol 7y ago
Here is what a real scientist says:
Koomey says that de Vries’ work is “fundamentally flawed” because it backs into bitcoin’s power consumption by estimating miners’ revenues and expenses. “Any time you do that, you introduce multiple layers of error and uncertainty. It’s a completely unreliable way to do the analysis, and no credible energy analyst would ever do that.”
But of course you prefer this digiconomist spewing FUD as a hobby and winding folks up:
"Digiconomist's index has emerged as something of an authority recently. The index was developed by Alex de Vries, a 28-year-old consultant for PwC with a background in data and risk analysis who now specializes in blockchain, the technology that underpins bitcoin. He founded Digiconomist as a hobby in 2014 and acknowledges he has no previous experience in energy economics"
https://www.cnbc.com/amp/2017/12/21/no-bitcoin-is-likely-not-going-to-consume-all-the-worlds-energy-in-2020.html https://www.cnbc.com/amp/2017/12/21/no-bitcoin-is-likely-not...