Country closest to #Bitcoin in terms of electricity consumption: Czech Republic
Electricity consumed per transaction (KWh): 981
Number of U.S. households that could be powered by Bitcoin: 6,398,945
Bitcoin's electricity consumption as a percentage of the world's electricity consumption: 0.31%
Carbon footprint per transaction (kg of CO2): 480.57
Source: https://digiconomist.net/bitcoin-energy-consumption
Bitcoin will soon surpass Chile, Austria and the Philippines. Holy fucking shit. We have to stop this.
This analysis is incorrect.
@rizzn Care to explain why?
@resist_berlin your data source falsely inflates electricity usage data.
@rizzn Linking to your own article (which btw is not readily available) is not very good practice. What is the point of such a report, commissioned by someone inside the cryptocurrency-biz? That is clearly not impartial analysis.
@resist_berlin would you prefer I copy and paste a full text of the report here?
It is readily available.
If you're not able to read it, that says more about you than me.
@rizzn Also there is this peer-reviewed article now:
https://www.sciencedirect.com/science/article/pii/S2542435118301776
Which is also available for direct download. I'm not saying that their numbers or their methodology is infallible, but at least they provide lots of background information.
@resist_berlin it's all based on the same data set.
Look, read it or not. I don't care.
@rizzn That's fine, I just noticed that people have a tendency there of claiming the numbers are incorrect and then failing to back up their claim. Whatever.