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RE: RE: Bitcoins energy consumption compared to other similar global industries: surprise!
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RE: Bitcoins energy consumption compared to other similar global industries: surprise!

eatthebugs(-7)
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Can someone honestly critique my (probably) over-simplified idea about BTC energy consumption?

Okay:

To compare BTC energy use, use the most widely-regarded, harshest, most real-time stat available - Cambridge Bitcoin Electricity Consumption Index

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Current Time: 11:53:29 21.6.22

and take the total energy consumption of a country and the total GDP of a country and compare that to BTC and BTC marketcap, respectively.

How is that not a fair illustration of the effectiveness of BTC energy usage pegged to real-world equivalence?

Please someone get back to me on this. I think it's not that bad of a comparison system.

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