Birdwatch Note Rating
2024-09-26 00:44:30 UTC - HELPFUL
Rated by Participant: E694BA9DDA9B66F2FAF7059512A1CDB8D99EB50A1896BA77C46E035005F8D5C1
Participant Details
Original Note:
The "8% of global electricity" claim is factually incorrect. Bitcoin uses 145.67 TWh per year. https://ccaf.io/cbnsi/cbeci Global electricity use is 29,479 Twh per year https://ourworldindata.org/electricity-mix This is 0.49% of global electricity A Cornell study also showed that Bitcoin's energy use could help the renewable transition https://pubs.acs.org/doi/10.1021/acssuschemeng.3c05445
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