Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by mrpopo on Monday February 08, 2021 @08:37AM
(#26064233)
So, only 1 order of magnitude down.
EDIT: according to a chart here [0], 1 "raw" Bitcoin transaction is equivalent to 400k Visa transactions. That's 5 orders of magnitude. Unless Lightning handles 99.999% of all Bitcoin transactions, the Bitcoin network will be unbelievably wasteful.
EDIT: according to a chart here [0], 1 "raw" Bitcoin transaction is equivalent to 400k Visa transactions. That's 5 orders of magnitude. Unless Lightning handles 99.999% of all Bitcoin transactions, the Bitcoin network will be unbelievably wasteful.
https://digiconomist.net/bitcoin-energy-consumption/