Dang. And VISA still handles three orders of magnitude more transactions per day. Talk about being unsustainable… https://digiconomist.net/bitcoin-energy-consumption …pic.twitter.com/gSkLdzWNNj
Dang. According to this logic, if Bitcoin became VISA scale it'd use enough energy to power 1.5 billion people, or ~20% of the planet. Wtf
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Thing about it is: this is by design. Bitcoin was designed to be inefficient. That's what mining is about. Jeeeeeezus.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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if only the energy consumption of Bitcoin was due to transaction throughput, instead it's about how _competitive_ is the "mining" lottery.
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THROUGHPUTS FOR THE THROUGHPUT GOD
End of conversation
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