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A comment on Bitcoin mining used more water than New York City last year. Parent comment

Re:Bitcoin mining used more water than New York City last year by TheDudeMan on Thursday December 07, 2023 @05:38AM (#38554966)
That is a reasonable comparison. Bitcoin can do that much volume as well (without much change in water “usage”). The difference being that one is controlled by the US government and one is not.
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Re:Bitcoin mining used more water than New York City last year by TaylorAlexander on Thursday December 07, 2023 @04:41PM (#38562181)
Bitcoin can handle $4T in transfers a day?
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Re:Bitcoin mining used more water than New York City last year by lolbase on Friday December 08, 2023 @04:01PM (#38574330)
Should be no problem, so long as the average transfer is about $7m.

Realistically, it'd happen using L2 solutions, which would negate the comparison to FedWire.

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Re:Bitcoin mining used more water than New York City last year by TheDudeMan on Tuesday December 19, 2023 @05:58PM (#38703123)
At ~700,000 transactions per day, if the avg txn value is $6M, then yes.
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