So another story about Bitcoin‘s energy consumption. Sigh. What we should really be interested in is its actual carbon foot print. You can’t just translate energy usage into CO2 emissions. These are a function of geolocation and energy efficiency of the underlying hardware. It’s actually pretty tricky to calculate that.
If anybody's interested, here is a careful analysis of Bitcoin's carbon foot print (2019): https://www.sciencedirect.com/science/article/pii/S254243511...
TL;DR: While there is this "energy consumption of Argentina" number in circulation implying Bitcoin's carbon emissions equates that of a whole developed country, in reality this number is closer to that of Kansas City.