3 ms·
In terms of energy consumption per transaction, it's not even close. Digieconomist [1] states that a single Bitcoin transaction is "equivalent to the carbon fo
by ooterness 3y ago
In terms of energy consumption per transaction, it's not even close.
Digieconomist [1] states that a single Bitcoin transaction is "equivalent to the carbon footprint of 1,044,177 VISA transactions or 78,521 hours of watching Youtube."
Statista [2] estimates a similar energy-cost ratio of about 470,000 Visa transactions to 1 Bitcoin transaction.
https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption
https://www.statista.com/statistics/881541/bitcoin-energy-consumption-transaction-comparison-visa/ https://www.statista.com/statistics/881541/bitcoin-energy-co...