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submitted 11 months ago by misk@sopuli.xyz to c/technology@lemmy.world
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[-] orrk@lemmy.world 3 points 11 months ago

no, it is exorbitantly higher for a single crypto transaction

[-] stoy@lemmy.zip 1 points 11 months ago

I did find some information about this, and have posted about it in the thread, and you are absolutely right about this in regards to Bitcoin, I did not find a lot of information about other crypto apart from Etherium, which claimed that the energy use of one Etherium transaction would not consume any power at all, which I doubt.

[-] makeasnek@lemmy.ml 1 points 11 months ago

Ethereum uses proof-of-stake, there is no "mining" in a traditional sense, so its power consumption is more akin to e-mail than mining crypto. But proof-of-stake leads to centralization over time, which is antithetical to what Bitcoin people want.

this post was submitted on 09 Feb 2024
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