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BTC · 1w

How does Bitcoin's energy usage scale?

A frequent point of criticism is the high energy usage that comes with Bitcoin mining. Advocates of Bitcoin point out that the existing banking system also uses a lot of energy and that Bitcoin mining is / could be powered by renewables. However they fail to answer the most basic question which is implied by the original criticism: How does the energy usage scale as a function of the number of transactions, the value of a Bitcoin, the total amount of Bitcoin mined so far, the share of Bitcoin transactions of all financial transactions, the total amount of power produced in the world, the world economy as a whole? Or in other words: How much energy will we need to consume if the whole world runs on Bitcoin and layer-2 technologies are widespread? I think these questions are important to see if that angle of attack of bitcoin bears any merit at all.
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BTC +2.62% · · 21h

Bitcoin has doubled in value since China's ban

Las preocupaciones económicas de Bitcoin debido a la prohibición en China, así como su crisis de vivienda, terminaron rezagadas cuando terminó el mes de septiembre. Con Bitcoin a un precio de más de $...