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#Bitcoin #EWaste Generation is at 8.157 kilotonnes per year (comparable to a country like Luxembourg) bitcoinelectronicwaste.com A footprint of 79.3 grams per unique transaction (equal to the weight of 1.2 'C'-size batteries or 1.7 golf balls) #MakeBitcoinSustainable

1:33 pm · May 27, 2020

#Bitcoin's TWh usage results in a #CarbonFootprint of 26.98 MtCO2 (comparable to a country like Mongolia) bitcoinenergyconsumption.com The #carbon #footprint per unique transaction is 259.24 kgCO2 (equivalent to 648,109 VISA transactions) #MakeBitcoinSustainable

1:05 pm · May 26, 2020

The latest #Bitcoin Energy Consumption Index is 56.649 TWh per year (comparable to a country like Bangladesh) bitcoinenergyconsumption.com The #energy #footprint per unique transaction is 541.3 kWh (enough to power 1 U.S. household for 18.3 days) #MakeBitcoinSustainable

1:05 pm · May 26, 2020

Fun chart; though hard to give any meaning to. Hashrate increases pretty much all the time and has several key drivers. Cost of mining is one of them, but so are revenues (#Bitcoin price and size of rewards) and the state of the technology (available machine efficiency). twitter.com/Leorzhang/stat…

1:02 pm · May 26, 2020

@C_Bendiksen @CoinSharesCo 3. Likewise, completely ignoring leading work by others like Christian Stoll doi.org/10.1016/j.joul… who covered the exact same thing and have received widespread media coverage (so impossible to miss), but are still not included as a source even in the most recent mining report.

@C_Bendiksen @CoinSharesCo 2. Completely ignoring the reality of the energy markets in China and the needs of Bitcoin miners and any research that covers this in detail. I personally destroyed those claims that defied all logic more than a year ago: twitter.com/DigiEconomist/…

@C_Bendiksen @CoinSharesCo The same report adds: "the claims of some proponents suggesting that cryptoasset mining will drive the 'green revolution' may be a bit far-fetched", but still (and without discussing) Coinshares states "the industry ... could act as a driver of new renewables developments"

@C_Bendiksen @CoinSharesCo Sure, if those mistakes include: 1. Ignoring the content of cited sources in the mining report e.g. the "2nd Global Cryptoasset Benchmarking Study" which clearly states: "Identified facilities draw on average [only!] 28% of their energy requirements from renewables"