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Bitcoin is .003% of global energy consumption. Ammonia generation is 20%.
by shiftpgdn 5y ago
Bitcoin is .003% of global energy consumption. Ammonia generation is 20%.
- endisneigh 5y agoThese sort of stats are useless without cost benefit analyses.
- trophycase 5y agoSuppose that 0.00015% of all ammonia production goes to chemical weapons manufacturing. Boom, analysis complete.
- adrianN 5y agoDo you think that making fertilizer that literally feeds the world is comparable to bitcoin?
- henearkr 5y agoYour comment is just whataboutism: You point out other ways to improve our energy consumption to avoid touching to your beloved crypto mining. While it could be both.
- iamgopal 5y agoOk it’s in vicinity of 5 percent and not 20 percent, still quite large, And ammonia used for what ? Fertiliser?
- sien 5y agoFrom : https://www.sciencemag.org/news/2018/07/ammonia-renewable-fuel-made-sun-air-and-water-could-power-globe-without-carbon https://www.sciencemag.org/news/2018/07/ammonia-renewable-fu... The emissions add up: Ammonia production consumes about 2% of the world's energy and generates 1% of its CO2. 2% not 20%
- henearkr 5y ago> Bitcoin currently consumes around 110 Terawatt Hours per year — 0.55% of global electricity production Source: https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume https://hbr.org/2021/05/how-much-energy-does-bitcoin-actuall...