Mike on Nostr: Per day 450 Bitcoin are mined, each Bitcoin contains 100,000,000 Satoshi's. So per ...
Per day 450 Bitcoin are mined, each Bitcoin contains 100,000,000 Satoshi's. So per day 45,000,000,000 Satoshis are mined.
The current mining hash rate today is around 800 EH/s or
800,000,000,000,000,000,000
100 Terra hashes currently uses about 3KW of electricity, so 800 EH / 100 TH = 8,000,000 * 3,000 = 24,000,000,000 W = 24 GW per hour
x 24 Hours 576 GW per day or
576,000,000,000 Watts
So 45 Giga Satoshi / 576 GW = 0.078125 GW
= 78,125,000 W per Satoshi
But that's ignoring the prime purpose of mining which is to secure the transactions in the blockchain which is 99% of the utility.
So the typical transaction throughput per day is 480,000 transaction.
Each transaction value can be between $1 to $1Bn, so we can't really estimate that, so if we divide down the Watts per Satoshi and give an equal ranking to transactions, then
78,125,000 / 480,000 = 162W per Satoshi Transaction
I'm going to give this a Symbol "ST", so we have
162 Watts per ST
The current mining hash rate today is around 800 EH/s or
800,000,000,000,000,000,000
100 Terra hashes currently uses about 3KW of electricity, so 800 EH / 100 TH = 8,000,000 * 3,000 = 24,000,000,000 W = 24 GW per hour
x 24 Hours 576 GW per day or
576,000,000,000 Watts
So 45 Giga Satoshi / 576 GW = 0.078125 GW
= 78,125,000 W per Satoshi
But that's ignoring the prime purpose of mining which is to secure the transactions in the blockchain which is 99% of the utility.
So the typical transaction throughput per day is 480,000 transaction.
Each transaction value can be between $1 to $1Bn, so we can't really estimate that, so if we divide down the Watts per Satoshi and give an equal ranking to transactions, then
78,125,000 / 480,000 = 162W per Satoshi Transaction
I'm going to give this a Symbol "ST", so we have
162 Watts per ST