Well you're right about the banking system, seems it's about 5x more energy use. His comparison is off indeed :/
You are viewing a single comment's thread from:
Well you're right about the banking system, seems it's about 5x more energy use. His comparison is off indeed :/
How much money is bitcoin handeling. Large ammounts, but not near to global levels. Is it used in day to day transfers? No.
Is it already using a lot of power? yes.
Will the trend of power usage rising continue? yes.
It doesn't take a statistician to realize its not sustainable.