Cryptocurrency: Total Energy Analysis - Crypto Uses Less Than Fiat

grarpamp grarpamp at gmail.com
Sun Jun 16 21:36:44 PDT 2019


https://www.theguardian.com/technology/2018/nov/05/energy-cost-of-mining-bitcoin-more-than-twice-that-of-copper-or-gold
https://www.nature.com/articles/s41893-018-0152-7.epdf
https://static-content.springer.com/esm/art:10.1038/s41893-018-0152-7/MediaObjects/41893_2018_152_MOESM1_ESM.xlsx
https://www.qwant.com/?q=Quantification%20of%20energy%20and%20carbon%20costs%20for%20mining%20cryptocurrencies
http://www.maxjkrause.com/

Link to actual paper above.

Renewables below.

https://twitter.com/C_Bendiksen/status/1136641061298876417
https://medium.com/coinshares/surprise-majority-of-btc-energy-sourced-from-hydro-wind-solar-49f73839aec6
https://coinshares.co.uk/bitcoin-mining-cost-june-2019/

Expect miners to explore private enviro friendly
safe and efficent nuke plants as well.

PoW projects also adapting to solving useful research
problems, protein folding, radio astronomy, etc.

All in, net, it's just sand and electrons,
a simpler long term looking much greener than
Fiat's chaos, inefficiency, and silly whims against
freedom and markets. DYOR. $10k soon.


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