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Don't get me wrong, Bitcoin is an ecological nightmare and I think it should be shunned accordingly. But the "fun-fact" that it consumes more energy than solar
by raptortech 5y ago
Don't get me wrong, Bitcoin is an ecological nightmare and I think it should be shunned accordingly. But the "fun-fact" that it consumes more energy than solar produces is false.
"Power generation from solar PV is estimated to have increased by 22% in 2019, to 720 TWh" [1]
"Bitcoin miners are expected to consume roughly 130 Terawatt-hours of energy (TWh)" [2]
[1] https://www.iea.org/reports/solar-pv https://www.iea.org/reports/solar-pv
[2] https://techcrunch.com/2021/03/21/the-debate-about-cryptocurrency-and-energy-consumption/ https://techcrunch.com/2021/03/21/the-debate-about-cryptocur...
- goatcode 5y ago> Bitcoin is an ecological nightmare Compared with other forms of currency, how does it stack up?