What hash rate and electrical use will bitcoin be using at 1 million evaluation?
a legit question
easy math would be 1,000,000/120,000= 8.333
8.333 times what we have now or 1100eh x 8.333 = 9166 eh
now what is that in power use well 50% off due to more efficient mining would mean 5 or 6 watts a th
so 9166eh is
9,166,000ph is
9,166,000,000th x 6watts is 54,996,000,000 watts an hour or
54,996,000Kwatts an hour or
54,996megawatts an hour. seems like a lot but it is about the 3 largest hydroplants in the world
1. Three Gorges Dam China 30°49′15″N 111°00′08″E 22,500
2. Baihetan Dam China 27°13′07″N 102°54′22″E 16,000
4. Itaipu Dam Brazil Paraguay 25°24′31″S 54°35′21″W 14,000
from wiki they would carry the load
https://en.wikipedia.org/wiki/List_of_largest_power_stationsso not a big deal.
the key is the will to use better solar and wind and management as the world has so much usable power it is not an issue at all.
at all
Anyone here compared it with the EV Energy Consumption? They even promoted that EVs were Environment-FRIENDLY. They do not. They make more pollution& environmental issues than mining.