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https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption Per transaction, 792.37 kWh and 376 kg (828lbs) of CO2.

https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption Per transaction, 792.37 kWh and 376 kg (828lbs) of CO2. That's about 27 days of electricity usage for an average US home. Or 62,000 hours of youtube video watching. Or 834,000 VISA transactions. It's fine. Not a big deal what so ever. Bitcoin is obviously the most efficient means of monetary transaction. No reason to question it.

maxfurman 6y ago
I don't think anyone is arguing BTC is energy efficient. It intentionally isn't, by design. Now, whether the tradeoffs are worth it is another question entirely.
- NoOneNew 6y ago
  If you're buying a vehicle to save the planet from unnecessary pollution, but use a payment that it unnecessarily polluting the environment... you... don't see a bit of a problem?
chrisseaton 6y ago
> 792.37 kWh and 376 kg (828lbs) of CO2 Why does each transaction need to release CO2? Can they not run off renewables or nuclear?
- bildung 6y ago
  That only makes other consumers consume the fossil-based energy instead, overall CO2 production would remain constant. This is zero sum unless renewable plants were explicitly installed for mining bitcoin.
- UncleMeat 6y ago
  Because the world has been failing, for decades, to move grids away from carbon and towards zero emission technologies. And there is no end in sight. If we could get all electricity generation to be zero emissions then climate change would be largely solved. And we'd be able to stop complain about btc. But until then...
- throwaway4good 6y ago
  https://www.eia.gov/tools/faqs/faq.php?id=74&t=11 https://www.eia.gov/tools/faqs/faq.php?id=74&t=11 It is an estimate and an average. It might actually be in the low end.
  - NoOneNew 6y ago
    Digiconomist adjusts to the average green energy production on the grid and averages out among countries that mine bitcoin. They detail out their math to arrive at their numbers.

maxfurman 6y ago

I don't think anyone is arguing BTC is energy efficient. It intentionally isn't, by design. Now, whether the tradeoffs are worth it is another question entirely.

NoOneNew 6y ago
If you're buying a vehicle to save the planet from unnecessary pollution, but use a payment that it unnecessarily polluting the environment... you... don't see a bit of a problem?

chrisseaton 6y ago

> 792.37 kWh and 376 kg (828lbs) of CO2 Why does each transaction need to release CO2? Can they not run off renewables or nuclear?

bildung 6y ago
That only makes other consumers consume the fossil-based energy instead, overall CO2 production would remain constant. This is zero sum unless renewable plants were explicitly installed for mining bitcoin.
UncleMeat 6y ago
Because the world has been failing, for decades, to move grids away from carbon and towards zero emission technologies. And there is no end in sight. If we could get all electricity generation to be zero emissions then climate change would be largely solved. And we'd be able to stop complain about btc. But until then...
throwaway4good 6y ago
https://www.eia.gov/tools/faqs/faq.php?id=74&t=11 https://www.eia.gov/tools/faqs/faq.php?id=74&t=11 It is an estimate and an average. It might actually be in the low end.
- NoOneNew 6y ago
  Digiconomist adjusts to the average green energy production on the grid and averages out among countries that mine bitcoin. They detail out their math to arrive at their numbers.