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Dollar for dollar, crafting cryptocurrency sucks up 'more energy' than mining gold, copper, etc

I ain't Spartacus Gold badge

I don't know if they've included transport costs. But they've definitely included refining. That's why the aluminium figure is so ludicrously high compared to all the other metals. Transport in bulk carriers costs pretty much bugger all nowadays anyway.

Interstingly Bitcoin and aluminium have something in common. A lot of both are made in Iceland. Because they've got lots of geothermal and hydro power there and the costs of smelting aluminium are so ludicrously high that transport from Iceland is worth paying.

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