“The first peer-reviewed study” is apparently still written by the person who is the single source of this type of information, using a (to me) somewhat questionable method. Surely there must be lots of other people looking into this? Does anyone have additional sources?
The first peer-reviewed study of bitcoin’s energy consumption confirms our fears:
Bitcoin’s energy consumption is growing at 20% *per month* and is effectively erasing decades of progress on renewable energy.
grist.org/article/bitcoins-e…
1
2
4
the math is simple, especially for the min-value current, hashrate of bitcoin net is ~30 Mio TH/s, S9 Ant Miner does 14 TH/s so you need at least 2.1 Mio Ant Miners with a power consumption of 1.3 kW so you get ~2.9 GW, and and to get an idea of the future blockchain.info/de/charts/ha…
1
1
I may have miscalculated somewhere, but with 2.9GW per second consumption would already be ~25TWh/year, which would be around 0.1% of world energy consumption
1
that's in the order of magnitude as the same author predicted in his a blog post, which is 0.5% until end of year, digiconomist.net/bitcoins-gr…
1
True. Where did you get the 1.3kW figure from? It’s advertised with 0.98W/Gh, which would yield >13kW for 14TH?
1