4 ms·

I hate wasteful software. A city’s worth of energy and a max throughout of 7 transactions per second[1]. When everybody’s done trying to get rich quick we can t

I hate wasteful software. A city’s worth of energy and a max throughout of 7 transactions per second[1]. When everybody’s done trying to get rich quick we can talk about improvements. 1. https://bitcoin.stackexchange.com/questions/53620/what-is-the-maximum-transaction-throughput-of-the-bitcoin-network https://bitcoin.stackexchange.com/questions/53620/what-is-th...

CyberDildonics 9y ago
The mistake is thinking that the energy used from mining is a direct result from the number of transactions being processed. The reality is that the two are not coupled together. Larger block sizes are obviously possible as demonstrated by bitcoin cash (and by anyone with common sense who hasn't been taken in the censorship on /r/bitcoin). More transaction throughput doesn't affect how much hash power is needed, therefore the main limiting factor is mostly just how many transactions are actually being made.