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If China uses 3900TWh a year, that would be twice the global consumption by your claim that 110TWh = 0.55% global. Of course that number is about an order of ma
by oefrha 5y ago
If China uses 3900TWh a year, that would be twice the global consumption by your claim that 110TWh = 0.55% global. Of course that number is about an order of magnitude off.
If Bitcoin being as useless as it is consumes 0.55% of global electricity isn’t alarming I don’t know what is.
- mrpbennett 5y agogot my China data from here https://ourworldindata.org/energy/country/china https://ourworldindata.org/energy/country/china
- oefrha 5y agoOkay, I misread your energy to electricity-only comparison. Divide 0.55% by 5 and it’s still alarming. You also need to quantify all the non-electricity energy use going into the Bitcoin equal system, including but not limited to hardware production, transportation, depreciation, etc. I’m not sure if those are negligible.