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An iPhone is a physical thing. All kinds of different metals were mined/recycled and manufactured and shipped around the world. A bitcoin transaction is virtua
by ralfd 5y ago
An iPhone is a physical thing. All kinds of different metals were mined/recycled and manufactured and shipped around the world.
A bitcoin transaction is virtual. Some bits have to be flipped. That it is such an energy intensive and environmentally bad clusterfuck is a tragedy.
- rawtxapp 5y agoA bit has to be flipped in a system where no one trusts (or has to trust) each other, that's why it uses energy.
- laurent92 5y agoYou don’t know, it may provide a service which is so intense that it’s worth it. The only way to know is to sell it. (If flipping bits weren’t so important, no-one would pay for datacenters).