4 ms·
Impossible to know because this is not how mining works.
by tofuahdude 4y ago
Impossible to know because this is not how mining works.
- danans 4y agoPlease explain how it works with respect to energy consumption then? Perhaps there is no way to isolate and characterize the power consumed for this event exactly, but that doesn't mean that one can't characterize the power consumption of crypto. This is already described in terms of energy used per transaction [1]. So the next question is can we characterize events like these similarly, by i.e. the # of transactions or some other descriptive statistics, and multiply that by the source-weighted energy mix of transactions. That's not to suggest that this event's energy consumption is higher than the regular rate, but interesting nonetheless. 1. https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/