Monday, August 27, 2018

New estimate suggests blockchain networks of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Monero combined consume about as much electricity as The Netherlands (Tim Swanson/Great Wall of Numbers)

Tim Swanson / Great Wall of Numbers:
New estimate suggests blockchain networks of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Monero combined consume about as much electricity as The Netherlands  —  I recently created a thread that on Twitter regarding the lower-bound estimates for how much electricity the Bitcoin blockchain consumed using publicly available numbers.



from Techmeme https://ift.tt/2ww8JR0

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