Birdwatch Note Rating
2024-09-28 15:49:58 UTC - HELPFUL
Rated by Participant: 2135501E9C1AA335F98DD6AB1582E2CBBAFA4B6C7F8020A30E2A09E67CE656C9
Participant Details
Original Note:
The "8% of total electricity" claim is factually incorrect. Bitcoin uses ~145 TWh per year, including renewables, which is 0.49% of total electricity. https://ccaf.io/cbnsi/cbeci https://ourworldindata.org/electricity-mix Also, Ethereum and many other cryptos use Proof Of Stake now, which doesn’t require energy intensive hardware mining. https://www.frontiersin.org/journals/blockchain/articles/10.3389/fbloc.2023.1151724/full
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