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

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

<p>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.</p> <p><a href="https://twitter.com/karimhelpme/status/1668592283871244288">https://twitter.com/karimhelpme/status/1668592283871244288</a></p> <p><a href="https://coinmetrics.io/special-insights/bitcoin-nonce-analysis/">https://coinmetrics.io/special-insights/bitcoin-nonce-analysis</a></p> <p>Karim Helmy: <a href="https://twitter.com/karimhelpme">https://twitter.com/karimhelpme</a></p> <p>Will Foxley: <a href="https://twitter.com/wsfoxley">https://twitter.com/wsfoxley</a></p> <p>TIMESTAMPS:</p> <p>00:00 Start</p> <p>00:47 What is nonce analysis?</p> <p>03:19 Karim's nonce research</p> <p>06:29 Why aren't the chips random?</p> <p>08:10 Why are models showing before their release date?</p> <p>10:22 Top rigs mining the network</p> <p>12:56 Antminer dominates the chart</p> <p>13:57 Energy draw of the network</p> <p>18:03 Is Cambridge obsolete?</p> <p>21:02 Data next steps</p> <p>23:21 Using data to inform purchasing times/prices?</p> <p>24:31 Charting new machines</p> <p>MINE</p> <p>Start mining your own bitcoins with Compass. <a href="https://bit.ly/3CehBf1">https://bit.ly/3CehBf1</a></p> <p>WATCH <a href="https://youtube.com/c/CompassMining?sub_confirmation=1">https://youtube.com/c/CompassMining?sub_confirmation=1</a></p> <p>LISTEN</p> <p>Apple Podcasts <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbkRxX0MwTUdPY290VEQzN0J2ME1KbDVSRG1rQXxBQ3Jtc0tsME5TQmZfSHJnMG0xWC1iYXFNZ3ZYRGpTTDNfSUtCVFhoSklibDFtMGU3RmV6Z2k5MVM5MlpUMWxzdVgtOHJ4d0ZpbXVrUnMxTXVkN0xSeHdXZWE2aGh5WEpLUkx4dndBaUZtclVhMXZZcHY1My0zbw&q=https%3A%2F%2Fapple.co%2F3fNfrdi">https://apple.co/3fNfrdi</a></p> <p>Spotify <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbE5renJPTkpwVC1IMzBoaWg4c3BWdzhnR0J6d3xBQ3Jtc0trTUJROW1aZDRMOEpiNFpOYmZyUEZxTWxFSHRWaXd3REtGWXZDMkhhbkY0cDk0UVNtZlptMkR1ajBlWDljQV9obWxub3NtdmhDcDNwV1dkcDFkVUloZHdRYVdiTm9Fel90bWdoSU4yUzZEczNLakFCQQ&q=https%3A%2F%2Fspoti.fi%2F3tSf9G1">https://spoti.fi/3tSf9G1</a></p> <p>Amazon <a href="https://amzn.to/3557cqg">https://amzn.to/3557cqg</a></p> <p>Anchor <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa25WckRfQzBqcTJpWWRHRTFiUF9IM0hVbW9Bd3xBQ3Jtc0trdEdoZmFQbXlXajB3c0ZLNGMtUjFSVWloWFBraHoyMFlpVHVFckljbFZRRmQzSTlIRm9VUkFVUTNzS2xhblhvS1E0YnNPLVIxeUl4a3F2aHRQNnV6M0lUZmJVakZGbTI4SUUyc0haUG0xY0JLcmFqRQ&q=https%3A%2F%2Fbit.ly%2F3rmb7UF">https://bit.ly/3rmb7UF</a></p> <p>Fountain <a href="https://bit.ly/3NeNTec">https://bit.ly/3NeNTec</a></p> <p>RSS <a href="https://bit.ly/3chpULV">https://bit.ly/3chpULV</a> </p> <p>LEARN</p> <p>Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: <a href="https://bit.ly/3vOGzxD">https://bit.ly/3vOGzxD</a></p> <p>FOLLOW</p> <p>Twitter: <a href="https://twitter.com/compass_mining">https://twitter.com/compass_mining</a></p> <p>LinkedIn: <a href="https://www.linkedin.com/company/compassmining">https://www.linkedin.com/company/compassmining</a></p>

The Mining Pod | Blockspace Media · Blockspace Media

July 11, 202326m 27s

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Show Notes

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

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV 

LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

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