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March 14, 2014 No Comments

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Digiconomist Follow 16,084 14,160

Exposing the Unintended Consequences of Digital Trends. @digiconomist@mastodon.nl

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; Digiconomist @DigiEconomist ·

8h 1641845752342118403

It’s just a shame we’re wasting more electrical power than required by a country such as Argentina on “flipping coins”… https://twitter.com/i/web/status/1641845752342118403

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3h 1641916563254067201

Best part is actually the comment section 😄 of course it won’t; because in academic research you won’t succeed in things such as gaslighting a critical audience into believing that “actually on the grid” can somehow pass as “off-grid” 😅

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Daniel Batten @DSBatten

The report is up

Bitcoin's major power source is now HYDRO

(23% of all power)

Fossil fuel sources have been decreasing at a combined 6.2% per year since Jan 2020

Methodology and full report:
https://batcoinz.com/bitcoin-by-energy-source/

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7h 1641856975846744064

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Bitcoin Magazine @BitcoinMagazine

#Bitcoin's hash rate is sky rocketing! 🚀 https://twitter.com/i/web/status/1641850694658293773

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8h 1641847608388747271

Here’s a crazy thought; how about we just stop “flipping coins”? It’s been done before and proven effective: https://www.cell.com/patterns/pdf/S2666-3899(22)00265-3.pdf

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8h 1641845752342118403

It’s just a shame we’re wasting more electrical power than required by a country such as Argentina on “flipping coins”… https://twitter.com/i/web/status/1641845752342118403

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15h 1641735789267628033

Thought provoking preprint (not yet passed peer review) on how miners may be driving up electricity costs in Texas. It argues miners are putting the stress where it hurts on an already congested grid (so a relatively small amount of power demand can have big consequences).

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