3 ms·
oh it's 0.1% of new payments per day. if you wanna compare it to all stored value instead (about $100bn), then the "electricity safety fee" comes out to ~0.001
by RoboTeddy 9y ago
oh it's 0.1% of new payments per day.
if you wanna compare it to all stored value instead (about $100bn), then the "electricity safety fee" comes out to ~0.001% per day.
(these comparisons are just meant to help put the electricity costs roughly in scale against the benefits they help provide)
- tome 9y agoAh yes, thanks, I misread. So it's 0.35% per year so still quite a lot. [My initial calculation was wrong. It would have been 35% per year, which would have been more obviously incorrect!]