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Does it not seem strange to you that if a BTC transaction costs $1 to $5 in fees, yet supposedly uses $50 or more in “actual” electricity costs, there must be a
by seibelj 6y ago
Does it not seem strange to you that if a BTC transaction costs $1 to $5 in fees, yet supposedly uses $50 or more in “actual” electricity costs, there must be a disconnect there?
There is energy in certain places (underground, hydro) that cannot be transported to wherever journalists are writing their papers as they spitball electricity calculations.
- robjan 6y agoMiners don't just receive the fees. They also receive the mined bitcoins.