Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comexternal-link Lee Duna ( @throws_lemy@lemmy.nz ) TechnologyEnglish • 7 months ago message-square107fedilinkarrow-up1202
arrow-up1202external-linkEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.com Lee Duna ( @throws_lemy@lemmy.nz ) TechnologyEnglish • 7 months ago message-square107fedilink
minus-square EinfachUnersetzlich ( @EinfachUnersetzlich@lemm.ee ) linkfedilink2•edit-27 months agoYeah, at current electricity prices where I live that would be just under £300,000 per transaction. Doesn’t seem right. Edit: as pointed out, I was out by a factor of 100. Electricity costs 40p per kWh here.
minus-square GenderNeutralBro ( @GenderNeutralBro@lemmy.sdf.org ) linkfedilinkEnglish4•7 months agoYou sure you have the magnitude right on that? From a quick search, I think it should only be about £200 in e.g. London, with similar prices in big cities across the US. I thought those were relatively high prices to begin with.
minus-square EinfachUnersetzlich ( @EinfachUnersetzlich@lemm.ee ) linkfedilink1•7 months agoYou’re right. It was late.
Yeah, at current electricity prices where I live that would be just under £300,000 per transaction. Doesn’t seem right.
Edit: as pointed out, I was out by a factor of 100. Electricity costs 40p per kWh here.
You sure you have the magnitude right on that? From a quick search, I think it should only be about £200 in e.g. London, with similar prices in big cities across the US. I thought those were relatively high prices to begin with.
You’re right. It was late.