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> Let's compare that to domestic energy usage by country [1]. This page actually ranks it for you ("Sustainability"): * https://digiconomist.net/bitcoin-energ
by throw0101a 5y ago
> Let's compare that to domestic energy usage by country [1].
This page actually ranks it for you ("Sustainability"):
* https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/
Bitcoin would be the 27th most energy using country: ahead of Argentina (30), Sweden (29), and Ukraine (28); just below and about to overtake Malaysia (26), and below Egypt (25) and Poland (24).
Whether Bitcoin actually generates as much (societal?) value as the entire country of Sweden for the electricity it uses? ¯\_(ツ)_/¯
- gus_massa 5y agoA big chunk of our economy in Argentina is transforming sunlight into soybeans. So we should add it. Just imagine that we covered all the Pampa with solar panels and then use that energy to ... illuminate hydroponic soy. From https://en.wikipedia.org/wiki/Agriculture_in_Argentina#Production_per_commodity https://en.wikipedia.org/wiki/Agriculture_in_Argentina#Produ... the cultivated area is 250.000km^2 . Let's assume 1000W/m^2 and a 10% of efficiency, 12 hours of sun per day, and 1/3 of the year of grow of the plants. Then I get 36.5TWh https://www.wolframalpha.com/input/?i=250.000km%5E2+*1000W%2Fm%5E2+*+10%25+*+12h+*+365%2F3+to+TWh https://www.wolframalpha.com/input/?i=250.000km%5E2+*1000W%2... (I had to guess a lot of things. I'd love to see a more accurate calculation.) So with an additional energy of 36.5TWh, we jump from 132.7TWh to 169.2TWh that is more than the value of Poland 168.8TWh. (But other countries may want to add their solar->plants power too.)