Is the Cambridge bitcoin electricity consumption index overestimated?
Could you elaborate on the possibility of the Cambridge Bitcoin Electricity Consumption Index being overestimated? Are there any specific factors or methodologies within the index's calculation that might lead to a skewed or exaggerated assessment of Bitcoin's energy usage? Additionally, have there been any independent studies or audits that have either confirmed or challenged the accuracy of the index's findings? Understanding these points could help provide more context and clarity around this question.