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Re:Bitcoin is not a store of value by ajross on Monday September 19, 2022 @08:30AM (#32897438)
Again, though, that's just not true. The hardware is well-understood and easily measured. Sure, there is slop in the measurement (how much of the fleet is using platform A vs. platform B). But those are comparatively small numbers. Sure, like you say, we might have a factor of two lurking in there (seems high, but I'll grant it).

But a factor of two wouldn't change any of the analysis! If the article said "60 TWh" instead, would that be any less horrifying? No, it wouldn't.

Re:Bitcoin is not a store of value by latchkey on Monday September 19, 2022 @10:22AM (#32898733)
We don't know what hardware is on the network and we don't know how all of the power is generated. If it is 60TWh of clean energy that isn't being used for anything else, who cares?