[Cryptography] Energy Consumption: Standards Trolls (was: disaster)

[Alex Flanagan]

On Tue, Jan 5, 2021 at 9:40 PM Richard Outerbridge <outer at interlog.com>
wrote:

>
> On 2021-01-05 (5), at 13:48:11, Alex Flanagan <alex.flanagan at gmail.com>
> wrote:
>
> Bitcoin mining consumes energy, measured by the unit we call a Watt.  A
>> watt is defined in the ISU as one joule per second.  The unit we call
>> joule is a unit of work.
>
>
> [ …. ]
>
> The emissions attributable to bitcoin mined in Iceland are zero. The
> energy *consumed* to mine them was *produced* by a zero-emissions source.
>
>
> At what co$t per watt (in Icelandic króna if you would) to the miners?
> __outer
>
>
I'm Canadian, but it looks like if a bitcoin costs 215 kWh and the Iceland
electricity price is around 15 eurocents per kWh, that's about EUR32.25 ~=
ISK5050 ~= CAD51 ~= USD40.
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