fed [none/use name] to memes • 4 years agogod i FUCKING LOVE CRYPTOSimagemessage-square87 fedilinkarrow-up1167
arrow-up1167imagegod i FUCKING LOVE CRYPTOSfed [none/use name] to memes • 4 years agomessage-square87 Commentsfedilink
minus-squareGreenTeaRedFlag [any]hexbear5·4 years agoBecuase of the amount of energy required for computers to run the blockchain, crypto accounted for I think 10% of all energy consumption last year. NFTs are even worse. link
minus-squareVampire [any]hexbear5·edit-24 years agoWell it's not 10% but yeah. Bitcoin was 51 megatons of CO2, which is like 0.14% of total idk? Plus Ethereum: https://digiconomist.net/ethereum-energy-consumption Ethereum uses less than Bitcoin, not more, btw, as it's a less valuable network overall therefore less incentive for mining. link
minus-squareGreenTeaRedFlag [any]hexbear3·4 years agoThanks for the correction. I find this crap hard to follow most of the time. link
Becuase of the amount of energy required for computers to run the blockchain, crypto accounted for I think 10% of all energy consumption last year. NFTs are even worse.
Well it's not 10% but yeah. Bitcoin was 51 megatons of CO2, which is like 0.14% of total idk?
Plus Ethereum: https://digiconomist.net/ethereum-energy-consumption
Ethereum uses less than Bitcoin, not more, btw, as it's a less valuable network overall therefore less incentive for mining.
Thanks for the correction. I find this crap hard to follow most of the time.