Ok I'm breaking my head over this.
Who can help me calculate the
daily carbon emission caused by mining Bitcoins, given the following parameters?
- A current hash rate of 107,533,531.29 GH/s (according to
www.blockchain.info/stats)
- A global emission average of 0.65 tonnes of CO2/MWh
- Average mining hardware power consumption of 10Watts per GH/s. *
And I don't need just the answer, I need every step in the calculations.
* It's really hard to make a good guess how much the average power consumption of all mining equipment in the world would be. If anyone can help me make a more educated guess please let me know.
NB: Only the first to give me a complete and easy to understand step-by-step answer will get the bounty! So please PM me to make sure you're the first.Power consumption for all bitcoin mining machines = 107,533,531.29 * 10 = 1075335312.9 W = 1075.3353129 MW.
Daily energy used = 1075.3353129 * 24 = 25808.0475096 MWH.
Daily CO2 emission = 25808.0475096 * 0.65 = 16775.2308812 t
You can find my address in my profile.