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A comment on Proof of stake is incapable of producing a consensus. Parent comment

Re:Proof of stake is incapable of producing a consensus by wcoenen on Sunday November 28, 2021 @09:35AM (#29369195)
> Bitcoin uses about .1% of the worlds power currently. 10x less than you have suggested

Your source says 0.2% on page 18, not 0.1%.

The New York Times says 0.5%. https://www.nytimes.com/interactive/2021/09/03/climate/bitco...

Add to that the rapid growth we've seen in the past, and I believe it is reasonable to say that we're rapidly approaching 1%.

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Re:Proof of stake is incapable of producing a consensus by vanusa on Sunday November 28, 2021 @11:48AM (#29370395)
Your source says 0.2% on page 18, not 0.1%.

The raw figure it uses for gross power consumption (62 Twh) is also unsourced.

Meanwhile, the Cambridge Center for Alternative Finance puts the figure at around twice that - 110 Twh.

Not that we had any reason to grant credence to what a bitcoin "investment" company says about the matter, anyway.

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