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My point wasn't really about comparing Visa/Mastercard connected accounts with cryptoaccounts. I just wanted to highlight that for a traditional transaction to
by Phenomenit 9y ago
My point wasn't really about comparing Visa/Mastercard connected accounts with cryptoaccounts.
I just wanted to highlight that for a traditional transaction to be completed between to accounts requires a lot more energy and infrastructure than just the energy consumed directly by those services.
Nevertheless I still think its outrageous that so much energy is wasted mining BTC.
- ben_w 9y agoPlease quantify the energy use of the conventional approach — many people want to make the same point as you, but there don’t seem to be any (easily referenced) numbers estimating the energy cost per transaction of the alternatives.