55 ms·

> Bitcoin uses about .1% of the worlds power currently. 10x less than you have suggested Your source says 0.2% on page 18, not 0.1%. The New York Times says 0

> Bitcoin uses about .1% of the worlds power currently. 10x less than you have suggested Your source says 0.2% on page 18, not 0.1%. The New York Times says 0.5%. https://www.nytimes.com/interactive/2021/09/03/climate/bitcoin-carbon-footprint-electricity.html https://www.nytimes.com/interactive/2021/09/03/climate/bitco... Add to that the rapid growth we've seen in the past, and I believe it is reasonable to say that we're rapidly approaching 1%.

vanusa 5y ago
Your source says 0.2% on page 18, not 0.1%. The raw figure it uses for gross power consumption (62 Twh) is also unsourced. Meanwhile, the Cambridge Center for Alternative Finance puts the figure at around twice that - 110 Twh. Not that we had any reason to grant credence to what a bitcoin "investment" company says about the matter, anyway.