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A comment on The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for Years. Parent comment

Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by arcticbull on Tuesday May 02, 2023 @12:24AM (#35783342)
Same quantity of power consumption, same quantity of electronics, same waste. The more powerful the machines get the more 'difficult' the 'problem' is to solve. These machines don't do any work unless they successfully guess the nonce. The bulk of its time is spent wasting power. Doesn't matter how many boxes you split it into or combine it into.
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Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by datadata on Tuesday May 02, 2023 @12:34AM (#35783403)
Would you then agree that your original point that "99.7% of machines do not solve a block" is not by itself an argument that bitcoin is more or less wasteful than it needs to be? Because though a bookkeeping trick you can reduce or increase that figure by an arbitrary amount.
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Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by arcticbull on Tuesday May 02, 2023 @12:36AM (#35783412)
Was that really what this thread was about? It's just a way of visualizing how wasteful it is because most people just don't realize what 50,000 tons of electronics per year thrown out means. Or what 100 trillion watt-hours means.

It's 99.7% of machines based on the characteristics of the current most efficient miner.

I gave all the relevant waste metrics. Power, weight. And to help visualize, the quantity of the current best-in-class miner.

This is legendary pedantry. You can multiply and divide out to get any of the three measures of the scale of waste from the others.

Gonna go ahead and end our conversation here.

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Re:The Kingdom of Bhutan Has Been Quietly Mining Bitcoin for... by datadata on Tuesday May 02, 2023 @01:05AM (#35783568)
Look, you are touting a metric that you agreed has no bearing on the argument you are trying to make. The number of machines does not matter, it isn't part of any meaningful equation at all. Akin to summing the miles per gallons per car over the number of cars to measure efficiency.
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