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Re:Ethereum Proof-of-Stake by rekoil on Thursday July 07, 2022 @08:58AM (#32013493)
1% of ALL energy generated just to operate a part of the world economy is a massive amount though...
Re:Ethereum Proof-of-Stake by kobieyc on Thursday July 07, 2022 @11:21AM (#32015229)
food waste generates 60x more emissions than Bitcoin, yet nobody is freaking out about that, which makes me think people are just riding the ESG bandwagon
Re:Ethereum Proof-of-Stake by rekoil on Thursday July 07, 2022 @02:00PM (#32017260)
There's a lot of shit wrong with this world, we don't need to actively add to it, especially since we know how to do it better.
Re:Ethereum Proof-of-Stake by ryan93 on Thursday July 07, 2022 @05:52PM (#32019983)
Food is literally finitely more important though
Re:Ethereum Proof-of-Stake by 100001_100011 on Thursday July 07, 2022 @09:29AM (#32013820)
Bitcoin uses less energy than Gold Mining and the Banking System https://twitter.com/topimp21/status/1542863870552936448

"Bitcoin uses 2-56 times less energy than the fiat system" https://bitcoinmagazine.com/culture/bitcoin-environmental-de...

Re:Ethereum Proof-of-Stake by chickenpotpie on Thursday July 07, 2022 @09:39AM (#32013931)
Bitcoin also processes over a 10,000 times less transactions than the fiat system
Re:Ethereum Proof-of-Stake by emptyfile on Thursday July 07, 2022 @10:05AM (#32014269)
Yeah it also uses less energy per year then the sun... what a comparison...
Re:Ethereum Proof-of-Stake by AlexandrB on Thursday July 07, 2022 @10:47AM (#32014783)
Gold mining? What does gold mining have to do with the financial system in 2022? It's funny how Bitcoin's "goldbug" roots crop up from time to time in these discussions.
Re:Ethereum Proof-of-Stake by TremendousJudge on Thursday July 07, 2022 @09:38AM (#32013926)
It also processes several orders of magnitude less transactions, and does so much slower (and at a higher cost). Please stop posting misleading claims.
Re:Ethereum Proof-of-Stake by 100001_100011 on Thursday July 07, 2022 @09:48AM (#32014037)
What I posted isn't mutually exclusive with the parent comment.

The lightning network on top of Bitcoin scales the number of transactions.

Please stop placing claims where I didn't make any.