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I think 0.09% is mind blowing! Think about it, almost a thousandth of world's electricity consumption completely wasted on BTC alone.
by noncoml 9y ago
I think 0.09% is mind blowing!
Think about it, almost a thousandth of world's electricity consumption completely wasted on BTC alone.
- novalis78 9y agoActually there is a great article by Nick Szabo on the social cost of organizing by third party that Bitcoin replaces - if you take the energy it costs to run governments/banks with everything they utilize in terms of energy cost then that's what Bitcoin tries to 'free up' also in terms of energy usage (and still comes out ahead)