silence7@slrpnk.net to News@lemmy.worldEnglish · 8 months agoBiden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Basewww.nytimes.comexternal-linkmessage-square16fedilinkarrow-up1153arrow-down12
arrow-up1151arrow-down1external-linkBiden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Basewww.nytimes.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 8 months agomessage-square16fedilink
minus-squareerrer@lemmy.worldlinkfedilinkEnglisharrow-up17arrow-down1·8 months ago10000 seems generous to Bitcoin given a single transaction takes 1.3 megawatt hours. https://www.thebalancemoney.com/how-much-power-does-the-bitcoin-network-use-391280
minus-squarestoy@lemmy.ziplinkfedilinkarrow-up4arrow-down1·8 months agoYou are absolutely right, I must be off by an order of magnitude.
10000 seems generous to Bitcoin given a single transaction takes 1.3 megawatt hours. https://www.thebalancemoney.com/how-much-power-does-the-bitcoin-network-use-391280
You are absolutely right, I must be off by an order of magnitude.