The Bitcoin Standard Podcast cover image

114. Why Bitcoin Changes Accounting with Darin Feinstein

The Bitcoin Standard Podcast

00:00

Bicoin Global Network Consumes a Lot of Energy Every Year

The world economic form and news week in 20 17 both came out, coincidentally with articles that said the bicoin global network is so bad for the planet. That's how much energy a country uses on an annualized basis. Without knowing that number, you have no idea if that country uses a lot of energy or not. And we know about 250 terrawat hours of energy a year. Of the hundred and 60 thousand terrawathours of energy thats generated every year. We use 16 basis points of the world's energy. That's 16 one hundredth of a % of the world’s energy are used by this network. So when representatives hear there most of them

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app