• SolacefromSilence
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    fedilink
    231 day ago

    Really though, I just went through a rabbit hole of confirming a single BTC transaction uses more than 700 KWH, that’s 3 months electricity to me!

    • @[email protected]
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      fedilink
      English
      1222 hours ago

      I feel like most of the articles saying this are confusing the mining power usage (a constant load) with the transaction power usage. (Essentially nothing) Each transaction fee does incentivise more mining, but it’s not a flat power cost per transaction.