this post was submitted on 21 Nov 2024
688 points (98.9% liked)

Comic Strips

12948 readers
4042 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 13 points 4 weeks ago (2 children)

I feel like most of the articles saying this are confusing the mining power usage (a constant load) with the transaction power usage. (Essentially nothing) Each transaction fee does incentivise more mining, but it's not a flat power cost per transaction.

[–] [email protected] 2 points 3 weeks ago

If the constant load shouldn't count against the transaction, how should it be tallied?

https://www.statista.com/statistics/881541/bitcoin-energy-consumption-transaction-comparison-visa/

[–] Anticorp 1 points 3 weeks ago

If it's essentially nothing, then why does it take so long to complete?