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Still, how much energy would it take to print an equal amount of money in the form of banknotes?
by EdSchouten 6y ago
Still, how much energy would it take to print an equal amount of money in the form of banknotes?
- cwkoss 6y agoMore energy than printing 100x that quantity of Bitcoins on your own private chain
- africanboy 6y agoas a data point: the entire Bank of Italy consumes around 700Mw/year, 100% of them comes from renewable sources since 2015 (vs at least 100Tw for bitcoins, it's 140 thousand times less energy). the whole Bank of Italy emits 14.8 thousands tons of CO-2 a year, the equivalent of buying 185 Tesla in bitcoins.
- HDMI_Cable 6y agoHow many people are buying a Tesla in cash though?