[Cryptography] An academic paper on Bitcoin's energy consumption

Richard Outerbridge outer at interlog.com
Mon Jan 11 01:12:06 EST 2021


> On 2021-01-10 (10), at 16:35:47, Matt Corallo <metzdowd at bluematt.me> wrote:
> 
> On 1/10/21 1:25 PM, John Levine wrote:
>> If you had bitcoin miners sitting on standby, ready

[ …. ]

> Not quite the same, but chinese bitcoin mining generally moves around seasonally - yes, I mean literally they pack up entire mining farms on trucks, drive them across the country, and plug them in somewhere else - based on the availability of cheap hydro during rainy seasons. This happens on a much larger scale, and you can occasionally measure the drop in hashrate while farms are moving around.

That so much sounds like the buzz of seasonal beekeeping.
__outer



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