dsbatten on Nostr: New data on Bitcoin mining Tl;dr version 1. 47.7% of mining now done in US 2. US net ...
New data on Bitcoin mining
Tl;dr version
1. 47.7% of mining now done in US
2. US net emissions from bitcoin are proportionately lower at 39.7% of global bitcoin emission
3. Cambridge model appears to overestimate Bitcoin electricity consumption
4. Bitcoin mining already is highly transparent
Detailed breakdown:
https://batcoinz.com/new-insights-on-bitcoin-mining-and-sustainability/
Tl;dr version
1. 47.7% of mining now done in US
2. US net emissions from bitcoin are proportionately lower at 39.7% of global bitcoin emission
3. Cambridge model appears to overestimate Bitcoin electricity consumption
4. Bitcoin mining already is highly transparent
Detailed breakdown:
https://batcoinz.com/new-insights-on-bitcoin-mining-and-sustainability/