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utopiahyesterday at 1:43 PM1 replyview on HN

They have a graph at the bottom with the name I provided "Estimated average energy efficiency of bitcoin mining hardware"


Replies

tenuousemphasisyesterday at 9:46 PM

You're reading the graph wrong, but I still have no idea how you are. Joules per terahash has declined from 8297 in 2014 to 33 in 2023 (the latest year they have data), a 99.996% reduction, or a 250x improvement in efficiency.