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If only there were some way to issue digital “tokens” in situations like this..


one bitcoin transaction consumes 1,449 kWh, or about as much as 50 days of power for the average US household


>one bitcoin transaction consumes 1,449 kWh

Thank you, I knew it was an energy hog, but had never looked at it this way.

That's enough electricity to melt 2 tons of aluminum, or about half an hour of peak production from an average size US wind turbine.


Bitcoin is not the only digital token technology. Ethereum consumes a fraction of the energy Bitcoin consumes.


Right Ethereum is really lucky to have Bitcoin around to make it look good. It (very recently) cut it's energy usage by ~99.84% yet one ETH transaction is still 50x the amount of energy as a MasterCard transaction


Thanks for clarifying. This seems to be a better picture of reality compared to your previous comment.


You mean stocks?




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