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by mrb
3128 days ago
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Miners use less electricity (~15 TWh/yr today) than Christmas decorative lights in the world (probably 20 TWh/yr, of which 6.6 for the US alone according to US DoE). If we can afford to spend that much energy not even on useful lighting—just decorative—surely we can afford to run a transformative financial system such as Bitcoin. The "small country" comparison is deceptive as the energy is equivalent to just a single nuclear power plant: 15 TWh/yr = 1.7 GW http://blog.zorinaq.com/bitcoin-electricity-consumption/ |
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