New study quantifies Bitcoin’s ludicrous energy consumption

Re:New study quantifies Bitcoin’s ludicrous energy consumption by seunosewa on Thursday May 17, 2018 @11:39AM (#17092262)

Note that 200,000 transactions per day equals 63 million transactions per year. It’s hard to compare figures if the units are different.

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Re:New study quantifies Bitcoin’s ludicrous energy consumption by TomK32 on Thursday May 17, 2018 @11:48AM (#17092351)

oh, sorry. my mistake. still something like 6000 times more transactions than bitcoin.

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Re:New study quantifies Bitcoin’s ludicrous energy consumption by lostmsu on Thursday May 17, 2018 @03:01PM (#17094425)

To multiply your mistake, those Bitcoin transactions in the chart can be multiparty transactions, where, for example, a store issues all the daily refunds to its customers in a single transaction. Basically, a better metric is needed.

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Re:New study quantifies Bitcoin’s ludicrous energy consumption by mido22 on Friday May 18, 2018 @07:20AM (#17100486)

Also, lightning network needs to be taken into consideration. But does anyone have exact stats for that?

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