Lee Duna@lemmy.nz to Technology@beehaw.orgEnglish · 11 months agoEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comexternal-linkmessage-square110fedilinkarrow-up1200arrow-down10cross-posted to: [email protected]
arrow-up1200arrow-down1external-linkEach Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortageswww.tomshardware.comLee Duna@lemmy.nz to Technology@beehaw.orgEnglish · 11 months agomessage-square110fedilinkcross-posted to: [email protected]
minus-squareEinfachUnersetzlich@lemm.eelinkfedilinkarrow-up2·edit-211 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-squareGenderNeutralBro@lemmy.sdf.orglinkfedilinkEnglisharrow-up4·11 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.
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.