Re:Bitcoin could cost us our clean-energy future
by unchocked on Wednesday December 06, 2017 @01:00AM
(#15858899)
That's 1% of global energy usage, and you say it isn't worth writing about?
*edit yep math's wrong. It's still a shitload of power and worth writing about.
Re:Bitcoin could cost us our clean-energy future
by rgbrenner on Wednesday December 06, 2017 @01:03AM
(#15858909)
Check your math. 13 / 110,000 = 0.00012. Or 0.012%. That's 1/80th of 1%.
If it gets to 1% -- 1100 TWH -- then sure, it'll definitely be worth discussing.
Re:Bitcoin could cost us our clean-energy future
by sliverstorm on Wednesday December 06, 2017 @12:46AM
(#15858842)
If your average power plant is 500MW, that's still 26,000 power plants the world would not otherwise need.
Edit: gah, embarrassing error. It's late.
Re:Bitcoin could cost us our clean-energy future
by rgbrenner on Wednesday December 06, 2017 @12:53AM
(#15858874)
No, you haven't converted MW to MWH. A 500MW plant produces 4.4TWH per year (assuming 100% capacity factor.. it'll be less than that depending on the type of plant). It's maybe 3.5 x 500mw nuclear plants.
This isn't a problem. It shouldn't be an article.
edit: global energy consumption is 110,000 TWH [1]
0. https://www.eia.gov/electricity/annual/html/epa_01_01.html
1. https://en.wikipedia.org/wiki/World_energy_consumption