#Bitcoin Mining green!?
40% of Bitcoin Mining is located in one chinese particular Region called Shichuan, consuming ~25 TWh/y of (hydro)electricity.
Surprisingly authorities encouraged mining operations to help consume excessive hydroelectricity: 9.2TWh/y are still *unused*
40% of Bitcoin Mining is located in one chinese particular Region called Shichuan, consuming ~25 TWh/y of (hydro)electricity.
Surprisingly authorities encouraged mining operations to help consume excessive hydroelectricity: 9.2TWh/y are still *unused*
Let's go even further: is Bitcoin an ecological catalyst? A: very probable.
Thanks to #bitcoin mining industry developement, are these kind of limitations lifted since then?
"Sichuan Limits Small and Medium Hydropower Construction" - powermag.com/sichuan-limits… (published in 2016)
Thanks to #bitcoin mining industry developement, are these kind of limitations lifted since then?
"Sichuan Limits Small and Medium Hydropower Construction" - powermag.com/sichuan-limits… (published in 2016)
Can't wait @DigiEconomist to build the "world wasted hydroelectricity production country index", watching it growing faster each year and exceeding the "bitcoin consumption country index" by a large margin.
Just for intellectual fairness.
And less for headlines.
Just for intellectual fairness.
And less for headlines.
Source for the 9.2TWh wasted of hydroelectric production:
"Data shows that Sichuan has abandoned 9.2 billion kilowatt-hours (9.2TWh) of hydroelectricity in 2019"
news.8btc.com/chinas-sichuan…
"Data shows that Sichuan has abandoned 9.2 billion kilowatt-hours (9.2TWh) of hydroelectricity in 2019"
news.8btc.com/chinas-sichuan…
