Post
Topic
Board Speculation
Re: [WO] Historical mining cost
by
Hueristic
on 15/09/2020, 01:24:20 UTC
An interesting question just popped in my mind:


How much kWh was used to create the current Blockchain?


Should be somehow possible to calculate it based on the given mining hardware and mining difficulty.

Possible to estimate, yes; but I don’t see how it could be easy.  That would require cost/efficiency estimates for every generation of miners:  CPU (various optimized implementations and CPU models), GPU (ditto), FPGA, every generation of ASIC...

Does a collection of those historical data even exist anywhere?  If you folks discussing this were to gather in the first instance, the effort may be worth a research paper.  Maybe one already exists (with data up to some past point).


What people forget on these type calculations is all those that mined but didn't win a block, that is part of the calculations as that is what creates the dif.