If I convert it to my country's electricity price, it is around $35 for one single transaction
Topic: Bitcoin energy consumption - unsustainable? - page 3. (Read 742 times)
Wow I cant believe it requires so much energy for a single transaction
If I convert it to my country's electricity price, it is around $35 for one single transaction
If I convert it to my country's electricity price, it is around $35 for one single transaction
Currently, bitcoin network consumes 26 TWh a year or 250 kWh per single transaction and is growing at a rate of over 1% daily (according to this website https://digiconomist.net/bitcoin-energy-consumption.)
250 kwh (single transaction!) is now roughly the same to to what an average home/household uses in a month.
Is this really sustainable?
If bitcoin should grow even more, how much power will be used just to run it?
250 kwh (single transaction!) is now roughly the same to to what an average home/household uses in a month.
Is this really sustainable?
If bitcoin should grow even more, how much power will be used just to run it?
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