How Much Energy Bitcoin Actually Uses | Karim Helmy | The Mining Pod

The Mining Pod | Bitcoin Mining News

English - July 11, 2023 11:00 - 25 minutes - ★★★★★ - 36 ratings
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Today we are joined by Karim Helmy, an independent researcher. Karim walks us through his novel use of nonce analysis to study the ASIC topography of the Bitcoin network and energy footprint.

https://twitter.com/karimhelpme/status/1668592283871244288

https://coinmetrics.io/special-insights/bitcoin-nonce-analysis

Karim Helmy: https://twitter.com/karimhelpme

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

00:47 What is nonce analysis?

03:19 Karim's nonce research

06:29 Why aren't the chips random?

08:10 Why are models showing before their release date?

10:22 Top rigs mining the network

12:56 Antminer dominates the chart

13:57 Energy draw of the network

18:03 Is Cambridge obsolete?

21:02 Data next steps

23:21 Using data to inform purchasing times/prices?

24:31 Charting new machines

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