> The energy estimates are just that, estimates. The [sic] rely on estimates of the electricity price paid by bitcoin miners and estimates of the model of equip

> The energy estimates are just that, estimates. The [sic] rely on estimates of the electricity price paid by bitcoin miners and estimates of the model of equipment used, both of which are impossible to know. The argument has never been about the cost of the energy. That's actually completely immaterial to estimating the energy usage. Sure, I realise that energy cost is a factor, for both understanding the economics and for the author to develop his later points. But the energy estimates don't rely on the price of the energy — this is just poor logic, and/or poor writing.