6 ms·

If only there were some way to issue digital “tokens” in situations like this..

• culi 4y ago
  one bitcoin transaction consumes 1,449 kWh, or about as much as 50 days of power for the average US household
  • DavidPeiffer 4y ago
    >one bitcoin transaction consumes 1,449 kWh Thank you, I knew it was an energy hog, but had never looked at it this way. That's enough electricity to melt 2 tons of aluminum, or about half an hour of peak production from an average size US wind turbine.
  • laserlight 4y ago
    Bitcoin is not the only digital token technology. Ethereum consumes a fraction of the energy Bitcoin consumes.
    • culi 4y ago
      Right Ethereum is really lucky to have Bitcoin around to make it look good. It (very recently) cut it's energy usage by ~99.84% yet one ETH transaction is still 50x the amount of energy as a MasterCard transaction
      • laserlight 4y ago
        Thanks for clarifying. This seems to be a better picture of reality compared to your previous comment.
• rightbyte 4y ago
  You mean stocks?