Bitcoin consumes 4,000,000,000 W of power to process four transactions per second. A single Raspberry Pi with a database can do an order of magnitude more on 5W. Think about that next time you wonder if it's a good design.
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Unfortunately, a network that processes four transactions per second has very little inherent value relative to its power consumption, regardless of all the other benefits.
4:30 AM - 25 Jan 2018
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