SLP487 Bitcoin Mining Energy Debate - Digiconomist and Ben Gagnon
Stephan Livera Podcast
00:00
The Impact of China's Mining Landscape on the Environment
The Watford-Terra hash rate is not a model that you have on your website or in your data set. But it's how you verify what's rational and what's reasonable. And let me just share my screen here so I can make this clear. We see that in the Cambridge model, electricity consumption of the Bitcoin network is reaching record highs very recently higher than ever before. Whereas in my estimate, the numbers are currently a lot lower. So yeah, these models sometimes just don't work.
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