That’s… insane
One single Bitcoin transaction takes 1,544 kWh to complete, or the equivalent of approximately 53 days of power for the average US household.https://cnet.co/3iS8rxt
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My question is Why?
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so we should stop making blocks.
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This source for this energy use has been debunked http://blog.zorinaq.com/serious-faults-in-beci/ … do better CNET
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If we take this article at face value, the original calculation overestimates the energy consumption by 2.2x. So, a single Bitcoin transaction is closer to 20 days of power to the average us household?
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I wonder what Texas did to make sure this never happens again...
Without looking it up, I'm sure its jack sh*t. - Show replies
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You have absolutely no idea what you’re talking about. When did you write this? Hash rate has dropped by about 25% in the last several days. Did you update your calculations? Or isn’t it true that there is actually no connection between energy use and the number of transactions?
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You obviously don’t know the first thing about how
#Bitcoin
works.
If you are this misinformed about something that should actually be in your field of experience, why should anyone ever listen to anything you say about anything else?
Learn something.https://learn.saylor.org/course/PRDV151 - Show replies
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