Re:Bitcoin Energy Consumption Index
by tylersmith on Saturday August 26, 2017 @05:32PM
(#15107595)
Energy consumption is in no way related to transaction volume. Whether there are thousands of txs per block or only one the energy used will be the same.
[ Parent
| on HN ]
Re:Bitcoin Energy Consumption Index
by matt_wulfeck on Saturday August 26, 2017 @06:57PM
(#15107928)
Which is part of the problem, since the max number of transactions Bitcoin can process a second is around 10.
Re:Bitcoin Energy Consumption Index
by tylersmith on Saturday August 26, 2017 @07:00PM
(#15107942)
Sure, but it means it when it can handle thousands of transactions the energy usage doesn't need to increase.