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Well what's arguably even more horrifying is according to "Estimated average energy efficiency of bitcoin mining hardware" no significant changed happened since
by utopiah 10mo ago
Well what's arguably even more horrifying is according to "Estimated average energy efficiency of bitcoin mining hardware" no significant changed happened since 2014. I imagine we went from CPU to GPU to ASIC in couple of years and now for more than a decade, no change, just more.
- tenuousemphasis 10mo agoI'm not sure what data you looking at but we went from 8300 J/TH in 2014 to 33.4 J/TH in 2023. So... what are you talking about?
- utopiah 10mo agoThey have a graph at the bottom with the name I provided "Estimated average energy efficiency of bitcoin mining hardware"
- tenuousemphasis 10mo agoYou're reading the graph wrong, but I still have no idea how you are. Joules per terahash has declined from 8297 in 2014 to 33 in 2023 (the latest year they have data), a 99.996% reduction, or a 250x improvement in efficiency.
- rcxdude 10mo agoWell, improved energy efficiency just means more hashes/s and the difficulty adjusting. There's nothing to be gained in terms of the security or efficiency of the network as a whole by making the hardware faster, it's only good for whoever makes and uses that hardware.