3 ms·
The exact same amount that got burnt on a slow cheap day. Miners don't suddenly spin up hundreds more GPUs when the network gets congested. Creating a block c
by ChrisClark 4y ago
The exact same amount that got burnt on a slow cheap day. Miners don't suddenly spin up hundreds more GPUs when the network gets congested.
Creating a block costs the exact same energy whether it's full of high fees, low fees, or completely empty.
And orders of magnitude less energy than bitcoin uses.
- danans 4y ago> The exact same amount that got burnt on a slow cheap day How much is that? And what percentage of it went toward powering this event vs the value in $ created by it? > And orders of magnitude less energy than bitcoin uses. It's not even 1 order of magnitude less. More like 1/2 of bitcoin's energy consumption. https://digiconomist.net/ethereum-energy-consumption/ https://digiconomist.net/ethereum-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/ https://digiconomist.net/bitcoin-energy-consumption/