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.
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 $...