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"If a single bitcoin transaction uses enough energy to power 5 households for a day, that certainly makes me not want to do any bitcoin transactions anymore."
by mrb 9y ago
"If a single bitcoin transaction uses enough energy to power 5 households for a day, that certainly makes me not want to do any bitcoin transactions anymore."
This is another point where BECI is misleading... the author managed to screw up so many things on his site :-(
Feel free to transact more. This will NOT consume more energy, as explained by many other commenters. The energy per transaction decreases as more transactions are processed, see argument #5:
http://blog.zorinaq.com/bitcoin-mining-is-not-wasteful/ http://blog.zorinaq.com/bitcoin-mining-is-not-wasteful/
- DigiEconomist 9y agoThis is some interesting reverse psychology, but the good news is that I have evidence the only one making misleading statements is you: https://digiconomist.net/re-serious-faults-in-beci https://digiconomist.net/re-serious-faults-in-beci I'm still demanding you take down the mistruths.