Energy consumption from $1.5B in BTC is equivalent to 132 launches of Falcon 9

Posted by donsupreme on Thursday February 11, 2021 @02:10AM
from the twitter.com dept.

https://twitter.com/ColinLeMahieu/status/1358813809130020865

( 3 comments | 31 points | on HN )

Re:Energy consumption from $1.5B in BTC is equivalent to 132... by moetsi on Thursday February 11, 2021 @07:29AM (#26100759)

ok but what about the energy used to print and circulate dollars and the negative externalities associated with manipulation of those dollars

[ Parent | on HN ]

Re:Energy consumption from $1.5B in BTC is equivalent to 132... by TonyTrapp on Thursday February 11, 2021 @07:39AM (#26100827)

Estimated Bitcoin energy consumption is 1.8% of total US energy consumption. I don't think that printing and circulating US dollars even remotely adds up to 1% of the country's energy usage.

[ Parent | on HN ]

Re:Energy consumption from $1.5B in BTC is equivalent to 132... by sneak on Thursday February 11, 2021 @05:35AM (#26100101)

This is calculated in dollars, which is not the unit we use for measuring amounts of energy.

[ Parent | on HN ]