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GDP is a very questionable metric. Burn down your house, buy a new one and you have contributed a great deal to the GDP of your nation. If a cat. 5 hurricane
by guenthert 6y ago
GDP is a very questionable metric. Burn down your house, buy a new one and you have contributed a great deal to the GDP of your nation. If a cat. 5 hurricane makes landfall and destroys thousands of homes which have to be rebuilt, the GDP increases. That way a little bit of global warming raises the GDP (of industrial nations).
- deleted 6y ago[deleted]
- bluesign 6y agoAnother perspective then, worldwide bitcoin co2 emission is less than residents of Tampa, FL, which has less than 0.1% of US population Bitcoins emission is big, but in the bigger picture it is not that much at all. US military emission alone should be like 200x bitcoin alone
- guenthert 6y agoWith an estimated 178TWh/a electric energy dissipation for bitcoin mining and 0.416kg CO2 released for every kWh electric energy produced in the USA and 15500kg CO2/a per capita released (total, not just for electricity) in the USA, the CO2 released from bitcoin mining corresponds to the release of about 27 million citizens of USA. Not sure why the residents of Tampa would release so much more.
- bluesign 6y agoFrom the article energy usage is around 77 Twh according to article ( actual number can be around 100 TWh now) Which 75% is from renewables. That leaves us around 20 Twh, 8k tons of CO2 (10k for 100Twh) Tampa has population around 400k each emitting 15 tons, 6.2k tons. As I said emission of bitcoin is big, but in total it is very small percentage.