Debunking the “Bitcoin's Electricity Consumption” Problem Posted by funyug on Wednesday November 22, 2017 @09:32AM from the blockchaind.net dept. https://blockchaind.net/debunking-bitcoins-electricity-problem/ ( 1 comment | 4 points | on HN )
Argument 2: "Bitcoin is more than a company, so lets compare it with the costs of securing the whole internet"
Fact is the cost of a transaction is orders of magnitude bigger, and it's just getting worse with time.