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0 sats \ 0 replies \ @BTCMiner OP 4 Jan 2023 \ on: Digiconomist's model for bitcoin energy consumption is incredibly flawed 🧵 bitcoin
The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:
1/ I took a look at digiconomist model for bitcoin energy consumption and rebuilt in excel to better understand it. The key takeaway is that their model is incredibly flawed and grossly overstates reality in mining economic upside scenarios. Let’s dig in 👇
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