Post
Topic
Board Press
Merits 3 from 2 users
Re: [2018-08-23] Banks Consume Over Three Times More Energy than Bitcoin, Research
by
Thekool1s
on 23/08/2018, 16:30:52 UTC
⭐ Merited by DooMAD (2) ,1Referee (1)
Quote
If Bitcoin technology were to mature by more than 100 times its current market size, it would still equal only 2 percent of all energy consumption.

Exactly, These Fudsters need something better than "Bitcoin is causing the climate change!" It's not you dumbfucks! At least get your numbers right. More energy is being wasted around than what Bitcoin's network uses for the whole year.

On Average an American wastes around 283 KW of energy each month.

Multiply that by 12 months, that's 3396 KW of energy wasted for a year!

Let's take the least favourable figures and say only 50 million Americans waste this much energy all year round. That's around 169800000000 KW of energy wasted which translates into 169.8 TW of energy wasted each year! While Bitcoin's Network hardly uses 75 TW of energy for the whole year.

Anybody complaining about Bitcoin using too much Electricity or is causing the climate change needs to check up with a doc, Cuz Numbers don't lie hun!