One paper estimates that the power consumption of Bitcoin mining is approximately equal to the power consumption of Ireland. My own estimate is that it is the s

One paper estimates that the power consumption of Bitcoin mining is approximately equal to the power consumption of Ireland. My own estimate is that it is the same as the power consumption of Cambodia. Either way, Bitcoin's power usage is basically insane, considering that the transaction volume could literally be handled by a Raspberry Pi running a SQL database. Ref: https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2014.pdf https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2...