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npub18384z

1w ago

That’s the energy consumption of the mining rigs. How would you calculate the real efficiency of the entire network of miners?

I’m specifically talking about the physical energy transformation process when computational energy is crystalized into immutable information.

This would depending on how “hot” the block is (temperature), difficulty of the block and the entropy of the hash function. I’m not sure if time plays a role in this; if we would scale up or down depending on if block time >,<,= 600 seconds.

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