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by wcoenen
1670 days ago
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> Bitcoin uses about .1% of the worlds power currently. 10x less than you have suggested Your source says 0.2% on page 18, not 0.1%. The New York Times says 0.5%.
https://www.nytimes.com/interactive/2021/09/03/climate/bitco... Add to that the rapid growth we've seen in the past, and I believe it is reasonable to say that we're rapidly approaching 1%. |
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The raw figure it uses for gross power consumption (62 Twh) is also unsourced.
Meanwhile, the Cambridge Center for Alternative Finance puts the figure at around twice that - 110 Twh.
Not that we had any reason to grant credence to what a bitcoin "investment" company says about the matter, anyway.