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A comment on Delaying the Inevitable: Muir Glacier and the Ethereum Difficulty Bomb. Parent comment
Bitcoin mines 12.5 BTC (exactly) per 10 minutes (approximately). Normalizing the ETH rate against the BTC, we get 2 ETH * 6 * 10 = 120 ETH.
So at current market rates, 120 ETH * $132 vs. 12.5 BTC * $7,341, $15,840 ETH for $91,792.5 BTC.
This suggests that the BTC network should use roughly 5.8 times as much energy as ETH, to derive an equivalent profit per unit energy.
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Bitcoin mines 12.5 BTC (exactly) per 10 minutes (approximately). Normalizing the ETH rate against the BTC, we get 2 ETH * 6 * 10 = 120 ETH.
So at current market rates, 120 ETH * $132 vs. 12.5 BTC * $7,341, $15,840 ETH for $91,792.5 BTC.
This suggests that the BTC network should use roughly 5.8 times as much energy as ETH, to derive an equivalent profit per unit energy.