New data on Bitcoin mining
Tl;dr version
1. 47.7% of mining now done in US
2. US net emissions from bitcoin are proportionately lower at 39.7% of global bitcoin emission
3. Cambridge model appears to overestimate Bitcoin electricity consumption
4. Bitcoin mining already is highly transparent
Detailed breakdown:
https://batcoinz.com/new-insights-on-bitcoin-mining-and-sustainability/
dsbatten / Daniel Batten
npub13l…4lpsy
2023-03-06 03:43:18
Author Public Key
npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsyPublished at
2023-03-06 03:43:18Event JSON
{
"id": "ec8f6e3fb4c580ceb2e839bce868bc7f26dfea84b48a1bbf0917f4b6b1ccb2b5",
"pubkey": "8fec426247845bdd26f36ae4f737508c15dbec07d43ce18f8c136ab9e35ac212",
"created_at": 1678074198,
"kind": 1,
"tags": [],
"content": "New data on Bitcoin mining \n\nTl;dr version\n\n1. 47.7% of mining now done in US\n\n2. US net emissions from bitcoin are proportionately lower at 39.7% of global bitcoin emission \n\n3. Cambridge model appears to overestimate Bitcoin electricity consumption\n\n4. Bitcoin mining already is highly transparent \n\nDetailed breakdown: \nhttps://batcoinz.com/new-insights-on-bitcoin-mining-and-sustainability/",
"sig": "4acf73741e6f6bec942df1e9139b35d78da1c25be812c8ea08b71583af4eaaa5716b702de6aec0e393efa0c7473538bccae68d98f49ef12cb192245bd9e3ee2b"
}