Energy Eaten By Bitcoin, and What It Means For Price

I estimate/calculate the market cap-to-TEEBB ratio and graph it over time in order to gain new insights into the historical, current, and future values of bitcoin.

data: https://docs.google.com/spreadsheets/d/1kesn0wWxE5NvQUz4QE5h8SVrpNeqNJIHqxUM3cakHaw/edit?usp=sharing

graph 1: https://plot.ly/~bitcoin3000/235/market-cap-vs-total-energy-eaten-by-bitcoin-with-estimated-mining-efficiency/