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by delecti
1268 days ago
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The global energy usage from crypto was in the ballpark of 120-240 TWh/year, but a couple figures repeated the specific 150 TWh/year figure, so I'll use that. The US's annual gasoline consumption is 135 bn gallons (2021 figure). At around 20 mpg (random estimate because I have to pick something), that works out to 2.7 trillion miles. At 30 kWh/100mi (figure from google), that works out 800 TWh if every gas vehicle in the US was suddenly switched for an electric one, or about 20% of the US's annual electricty generation of 4222.5 TWh (2018 figure). Also, that's about 5x the global crypto energy usage, vs just America's cars. [Obvious disclaimers: some of those estimates are arbitrary and not perfect, but they're in the right ballpark, and we obviously wouldn't switch to electric cars overnight] Crypto was bad because it didn't actually accomplish anything with that power usage, but it was a pretty small footnote on the grand scheme of things. |
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