4 ms·
The math really isn't complicated here. If your gut feeling differs than that's on you & your mathematical competence to evaluate independently. But I'll get y
by ineedasername 4y ago
The math really isn't complicated here. If your gut feeling differs than that's on you & your mathematical competence to evaluate independently.
But I'll get you started: The estimate I find from various publications, both crypto friendly & otherwise, estimate around 1,500 kwh/bitcoin. Multiple out from there to the ~40% network hashrate capacity in the US and divide by total US kwh output.
Alternatively you can find a bitcoin profit calculator of choice and use its inputs to work backward.
Buy it or not. Your gut feeling doesn't have to correspond to the math, and I'm mostly okay with your gut being wrong (unless you're in a position to make policy decisions or something. Doubtful though...)