Hey #Bitcoin twitter! It’s about time I back up what I have in my bio.

This summer I’m working on a Master’s thesis that expands on emissions estimates of Bitcoin mining in the current literature, and touches on the idea of Bitcoin as a global buyer for energy.

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At the core of it all is some incredible new data from @CambridgeAltFin which provides:

1. A new methodology for estimating Bitcoin’s electricity consumption

2. A mining map that uses geo-location data from IP addresses of miners in select pools.

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This is cool for so many reasons, and I think @ApollineBlandin and team are going to be coming out with more great stuff in the near future!

Using this geo-location data, we can *try* to get a better estimate of what is happening wrt Bitcoin’s energy mix.

For example...

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I’ve been digging into 2 provinces that appear to own a majority of the China’s total hashrate (depending on the season)

In September at the end of the rainy season, Sichuan is king.

Hydropower? Kinda what we always thought. Now we can (sort of) see it in action

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It’s a different story come April when the climate dries and Xinjiang looks more attractive.

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What’s more interesting is when you start to consider:

- trends in installed renewable energy capacity

- exploitable capacity and curtailment/waste issues that need solutions (👀)

- the landscape outside of China

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I want to look at all those things! But my browser can only have so many tabs open at one time...

Please take my numbers with a margin of error. I’ll be sure to tweet updated visuals/tables as I find more data!

It’s going to be a fun summer 😎

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cc: @nic__carter it's not quite the topographic visual you've discussed, but we're getting closer!
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