12 ms·
Hm, how much energy DOES it take (how would I compare? not sure) to produce equivalent number of dollars? Is there maintenance cost? Interesting line of thought
by itchyjunk 8y ago
Hm, how much energy DOES it take (how would I compare? not sure) to produce equivalent number of dollars? Is there maintenance cost? Interesting line of thought to me.
- mikeash 8y agoMost dollars are virtual, so the energy cost is just sending some small messages around. It’s orders of magnitude less than needed for a bitcoin transaction. Physical currency probably takes more energy, but printing is an old and cheap technology, so I doubt it’s comparable.
- rublev 8y agoI meant the entire pipeline from physical cashiers to the cars that transport money to gold bullion to everything else. Crypto solves it all, it lives entirely online.