7Bluerabbits on Nostr: #Bitcoin #mining average J/TH ≈ 25.4 #Powerconsumption roughly 90TWh/year Net ...
#Bitcoin #mining average J/TH ≈ 25.4
#Powerconsumption roughly 90TWh/year
Net #Emissions 15 Million Tonnes CO2/year. #Climate
Interestingly, although hash rate is climbing (mainly due to vast improvements in ASIC efficiency) Bitcoin's emissions are starting to plateau due to improvements in Grid carbon intensity & fully expected to drop following subsequent halving events.
The dotted blue line is MT CO₂ minus mitigation such as mining with Methane + Home/ Business heating. Other mitigating factors not included are mining curtailment/ demand response schemes & banking sector curtailment.
The large drop in emissions during 2021 is due to the China mining ban followed by the subsequent move of much of the hash rate to the US where grid carbon intensity is generally lower.
#Powerconsumption roughly 90TWh/year
Net #Emissions 15 Million Tonnes CO2/year. #Climate
Interestingly, although hash rate is climbing (mainly due to vast improvements in ASIC efficiency) Bitcoin's emissions are starting to plateau due to improvements in Grid carbon intensity & fully expected to drop following subsequent halving events.
The dotted blue line is MT CO₂ minus mitigation such as mining with Methane + Home/ Business heating. Other mitigating factors not included are mining curtailment/ demand response schemes & banking sector curtailment.
The large drop in emissions during 2021 is due to the China mining ban followed by the subsequent move of much of the hash rate to the US where grid carbon intensity is generally lower.