Re:Bitcoin network average energy consumption per transactio...
by yunvme on Monday March 08, 2021 @05:14PM
(#26392383)
This is a dumb comparison. Bitcoin's energy consumption is necessary to secure a decentralized digital store of value. There is no alternative. It is electricity well spent.
Accordingly, you're using the wrong framework. Bitcoin's energy consumption prevents double spending, which is necessary for securing such a system. It isn't energy used to compute a transaction.
Accordingly, you're using the wrong framework. Bitcoin's energy consumption prevents double spending, which is necessary for securing such a system. It isn't energy used to compute a transaction.