Re:Bitcoin’s energy usage is huge – we can't afford to ignor...
by King-Aaron on Wednesday January 17, 2018 @08:18PM
(#16173798)
It depends on how far you want to go.
The cost per transaction would be interesting in real terms.
What's the comparison between:
- Manufacturing physical currency / Manufacturing the hardware to mine coins
- Cost to run POS systems in retail outlets / Cost to run bitcoin network
- Cost to run global fiat exchanges (i.e. wallstreet) / Cost to run global bitcoin network
Obviously you could drill down as far as you wanted. I'd imagine it would be quite difficult to draw up such a detailed comparison though.
The cost per transaction would be interesting in real terms.
What's the comparison between:
- Manufacturing physical currency / Manufacturing the hardware to mine coins - Cost to run POS systems in retail outlets / Cost to run bitcoin network - Cost to run global fiat exchanges (i.e. wallstreet) / Cost to run global bitcoin network
Obviously you could drill down as far as you wanted. I'd imagine it would be quite difficult to draw up such a detailed comparison though.