[H-GEN] A modern mining rig

[Benjamin Fowler]

On 28 Mar 2014 01:10, "Russell Stuart" <russell-humbug at stuart.id.au> wrote:
>
> Another useful comparison is to the world's electricity consumption,
> which was 20,181 TW hours / annum in 2008 [1] (which is approx 20 PW
> hours, peta watt hours, peta = 10^15).
>
>     20e15 [Watts * hours/year] / (366 [days/year] * 24 [hours/day])
>  =  20e15 [Watts * hours/year] / 8784 [hours/year]
>  =  2.8e12 Watts.
>
> So bitcoins usage the worlds electricity consumption is:
>
>     38e6 Watts * 100 [%] / 2.8e12
>  =  0.0013%

So imagine then, that BK-like payment systems take off, and some developer
gets some constant wrong somewhere when designing the protocol... And
mining then ends up taking up a small but nevertheless sizeable percentage
of world's energy output. That could be the dumbest manmade environmental
catastrophe ever...
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