Re:Cambridge Bitcoin Electricity Consumption Index
by yunesj on Wednesday February 10, 2021 @01:52PM
(#26093215)
No, but their budgets are on the order of the annual btc mining rewards.
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Re:Cambridge Bitcoin Electricity Consumption Index
by PeterisP on Wednesday February 10, 2021 @07:11PM
(#26096597)
The main function of the banks is lending and other services, not payments. In a retail bank just a tiny fraction of employees and budget are used for handling payments, it's a necessary piece of infrastructure for every bank but it's not a particularly large part of it.