4 ms·
Bitcoin uses less energy than Gold Mining and the Banking System https://twitter.com/topimp21/status/1542863870552936448 https://twitter.com/topimp21/status/154
by 100001_100011 4y ago
Bitcoin uses less energy than Gold Mining and the Banking System
https://twitter.com/topimp21/status/1542863870552936448 https://twitter.com/topimp21/status/1542863870552936448
"Bitcoin uses 2-56 times less energy than the fiat system"
https://bitcoinmagazine.com/culture/bitcoin-environmental-debate-is-wrong https://bitcoinmagazine.com/culture/bitcoin-environmental-de...
- TremendousJudge 4y agoIt also processes several orders of magnitude less transactions, and does so much slower (and at a higher cost). Please stop posting misleading claims.
- 100001_100011 4y agoWhat I posted isn't mutually exclusive with the parent comment. The lightning network on top of Bitcoin scales the number of transactions. Please stop placing claims where I didn't make any.
- chickenpotpie 4y agoBitcoin also processes over a 10,000 times less transactions than the fiat system
- emptyfile 4y agoYeah it also uses less energy per year then the sun... what a comparison...
- AlexandrB 4y agoGold mining? What does gold mining have to do with the financial system in 2022? It's funny how Bitcoin's "goldbug" roots crop up from time to time in these discussions.