So, I guess the question is, what is the feasible price of bitcoin when considering other objective functions such as environmental sustainability?
Apologies, I'm not sure I understand the question but i'll throw in my 2c.
Electricity consumption has been hotly debated and used by some who dont look favourably at bitcoin as a stick to beat it with.
The fact is that bitcoins electricity consumption through miners is far less than the production of FIAT and GOLD.
Think of the production of Paper, the printing, the transportation, storage, security and management involved. Now look at the production of coins and apply the same production, transportation, storage, security and management, its massive.
Gold! we are ripping the earth apart in the search. The energy spent in the extraction,
The processing, and all of the above FIAT considerations above combine to its consumption of energy.
Bitcoin mining is far more efficient, and this is what it comes down to, quantity of energy units consumed and the efficiency of that useage,
BTCmining wins.