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The article raises a false equivalence. The energy consumption of bitcoin is unrelated to the transaction rate. The hashrate is ultimately what secures Bitcoi
by aeternum 6y ago
The article raises a false equivalence. The energy consumption of bitcoin is unrelated to the transaction rate.
The hashrate is ultimately what secures Bitcoin and is completely independent of transactions processed. A better comparison would be the Bitcoin hashrate vs. the human life, electricity, and resources spent securing gold vaults and other physical assets.