“How Bitcoin Succeeded Where Ethereum Failed” – CoinJournal | $11.58

September 7, 2016 Ethereum Obituaries No Comments

“…the network will move away from the base principles that gave the system value in the first place.”

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Apart from the Bitcoin network needing about twice what’s being generated by Paraguay in total; it’s worth noting that that energy is currently being exported to countries like Argentina and Brazil. Those countries are not nearly as far on renewables; just displacing the problem. twitter.com/carlitosrejala…

4:39 pm · June 20, 2021

Digiconomist

@DigiEconomist

@eliomen @dwallacewells @GreatDismal Link to the source paper here: twitter.com/digieconomist/…

2:48 pm · June 20, 2021

David Wallace-Wells

@dwallacewells

“The paper estimates that Bitcoin generates 90.2 million metric tons of carbon gases per year. That volume exceeds by almost two times the total annual reductions achieved by the replacement of gasoline-burning cars by electric vehicles.” fortune.com/2021/06/18/a-n…

2:46 pm · June 20, 2021 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

Even though Bitcoin as a whole is more than negating the carbon savings from all electric vehicles that are deployed all around the world, investors should be aware of other environmental, social & governance (#ESG) issues relating to the digital currency. authors.elsevier.com/a/1dGBd9…

12:24 pm · June 20, 2021 ·

Retweeted by Digiconomist

Digiconomist

@DigiEconomist

@DrNickA If you have a problem with that in general perhaps don't blame me for applying a widely accepted conventional approach; but take it to the right level🙃 but if you think the BTC carbon footprint is overstated because of this; note the same must be true for eg the VISA footprint..

12:23 pm · June 20, 2021

Digiconomist

@DigiEconomist

@RaphAuer That’s was the default assumption anyway; Chinese miners primarily using hydropower production from the South (Sichuan/Yunnan) during the summer period.

12:10 pm · June 20, 2021

Digiconomist

@DigiEconomist

10:51 am · June 20, 2021

Digiconomist

@DigiEconomist

Losing Sichuan during this time of the year means no mining instead of low impact mining that's used to calculate the average factor over the year. It doesn't make much of a difference. We'll have to see developments during the summer to establish how the carbon factor may change twitter.com/DigiEconomist/…

10:13 am · June 20, 2021

Digiconomist

@DigiEconomist

@DrNickA Joule happens to be one of the world’s leading energy journals, and the carbon accounting method isn’t really controversial unless you have zero clue on how we do carbon accounting for everything else. If you don’t like my work I recommend reading the GHG Protocol for a start.

9:42 am · June 20, 2021

Digiconomist

@DigiEconomist

@DrNickA No worries, me and pretty much the entire academic world got your back. Not saying Nic’s constant attempts to reinvent the wheel aren’t fun to watch, but if you want actual scientific content there’s hundreds, if not thousands (I don’t always get cited), of options 👍🏻 pic.twitter.com/2fLHRF6Kkg

9:20 am · June 20, 2021

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