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My initial reaction was skepticism. So the numbers I found were 121 TWhs consumed by Bitcoin annually. Hydro power produces 4200 TWhs annually of a total electr
by raisedbyninjas 6y ago
My initial reaction was skepticism. So the numbers I found were 121 TWhs consumed by Bitcoin annually. Hydro power produces 4200 TWhs annually of a total electricity production of 25,000 TWhs. Assuming all Bitcoin mining is powered by hydro, a 97% untilization for hydro doesn't seem far-fetched.