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.
@resist_berlin Thank you for this interesting article.
"The model predicts that miners will ultimately spend 60% of their revenues on electricity."
I'm not an economist, but it looks like the only way to make serious money is by playing a pyramid scheme. Which maybe is what is happening.
