Dubious Yet Encouraging Report Supposes Bitcoin Mining Achieved Or Set To Promptly Achieve 0.5% of World Energy Consumption

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Dubious Yet Encouraging Report Supposes bitcoin Mining Achieved Or Set To Promptly Achieve 0.5% of World Energy Consumption

A number of dubious publications this week floated a "research paper" of unclear origin, methadology, and conclusion. The popularly distilled headline they produced from the report is that bitcoin has either achived or is set to imminently achieve 0.5% of the world's energy consumption. Naturally pantsuit outlets editorialized this uncertain finding as "a bad thing" though few things are more encouraging.

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