Re:Bitcoin Gold Hit by Double Spend Attack, Exchanges Lose M...
by zaarn on Thursday May 24, 2018 @03:20AM
(#17141768)
I've once worked out the CO2 output of Ethereum, which I think can be nicely worked over. Ethereum uses 191'000 people-equivalent CO2/year (1 PECO2 = 9 tons of CO2) or roughly 4 TWh per year (I'm using numbers from multiple sources and past comments from me, I apologize if it's not lining up perfectly)
The average state employes about 300'000 people (324'000) to be exact (about 16 million in total, which includes teachers and similar).
So already the Ethereum network uses half of an entire average US state to just secure it's network. The US state in question does a lot more and it includes education and similar.
Bitcoin uses 68 TWh anually, about 17 times as much or about 8.5 average US states. To secure 200'000 TX per day. In contrast the US employees handle the entire state affairs, including taxes, education, etc. for 54 million people every day.
The average state employes about 300'000 people (324'000) to be exact (about 16 million in total, which includes teachers and similar).
So already the Ethereum network uses half of an entire average US state to just secure it's network. The US state in question does a lot more and it includes education and similar.
Bitcoin uses 68 TWh anually, about 17 times as much or about 8.5 average US states. To secure 200'000 TX per day. In contrast the US employees handle the entire state affairs, including taxes, education, etc. for 54 million people every day.