A brief explanation of new scenarios deriving from University of Cambridge Bitcoin energy consumption index: https://ccaf.io/cbeci/index Briefly, miners rebate that Bitcoin consumption is joint to mining process, and mining process is going to decrease gradually (when a significant number of blocks will be mined). Cambridge index underlines a geometric increase, if not exponential in last years, of energy consumption related to Bitcoin operations, so both mining and transactions. The real problem, according to both scenarios, is that we are living hard days for energy sources because of Ukraine war and global issues. My personal scenario is that any fossil fuel shock which could happen in next month could make governments stop mining facilities to provide energy for other activities. I’m not sure obviously, but it’s possible.
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