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Yes. For comparison, multiplying the value of total block rewards for btc (inflation + fees) by 365, bitcoin extracts about $6.2B per year from buyers just to
by nootropicat 6y ago
Yes.
For comparison, multiplying the value of total block rewards for btc (inflation + fees) by 365, bitcoin extracts about $6.2B per year from buyers just to exist.
Eth2 is going to be extremely light, and is going to run fine on a ~$600 NUC that consumes about 10W. At 20% annual amortization, $0.15/kWh and 10k different validators (people), the total cost of running eth2 is... $1.3M. That's a mind-boggling difference of 4700x.
Real costs may be a bit larger as some individual stakers can be less efficient (like running on a 150W average power pc) but compared to what bitcoin consumes - still a rounding error.