• Wogi@lemmy.world
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    10 months ago

    It’s estimated the finance industry issues about 260 TWh, JUST Bitcoin alone uses 114 TWh. So Bitcoin is using a little less than half as much energy as the entire financial industry.

    Bitcoin is orders of magnitude less efficient than traditional finance.

    • trafficnab@lemmy.ca
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      10 months ago

      The entire “web 3.0” scam has basically been selling “databases but worse” to people who don’t know what a database is