No, bitcoin isn't likely to consume all the world’s electricity in 2020 https://www.cnbc.com/2017/12/21/no-bitcoin-is-likely-not-going-to-consume-all-the-worlds-energy-in-2020.html
* Estimates of bitcoin's soaring energy use are likely overstating the electric power required to mine the cryptocurrency, top experts warn. * One model from Digiconomist is being widely cited by journalists, analysts and investors, but researchers say its estimate is not based on hard data. * Digiconomist's estimate of bitcoin's energy consumption is the basis for a lofty projection that reminds some experts of debunked forecasts that led businesses to over-invest in internet infrastructure. -- Regards brd Bernard Robertson-Dunn Canberra Australia email: [email protected] web: www.drbrd.com web: www.problemsfirst.com _______________________________________________ Link mailing list [email protected] http://mailman.anu.edu.au/mailman/listinfo/link
