Yes, believable, from all the payment methods available, Greenpeace would choose the most fucking inefficient one, that wastes 700 kWh for a single transaction, that’s 100 households!
Yes, believable, from all the payment methods available, Greenpeace would choose the most fucking inefficient one, that wastes 700 kWh for a single transaction, that’s 100 households!
You have no idea what you’re talking about, or else you’re intentionally misleading people. Transferring Bitcoin in a single transaction takes nowhere near as much power as mining it. Yes, BTC is stupid and terrible for the environment, but you don’t need to lie about the stats.
https://www.forbes.com/advisor/investing/cryptocurrency/bitcoins-energy-usage-explained/
I mean by somewhat more up to date news it seems like he is correct. Bitcoin is wildly inefficient and basically non scaling.
please explain how to transfer bitcoin without mining a block, since the transactions are contained there.
You need to take the energy required to mine a block and validate it (a lot, could power a small town), then divide for the few transactions that could be included in just 1 mb.
They impose a size limit on the transactions that can be included, so even if tomorrow the transactions increase 10x, each block could contain the same limited number. Of course, if you only count the electricity used by your machine to send the transaction, it’s just a few milliwatts. The problem is all the garbage calculations that need to be done to actually validate it.