misk@sopuli.xyz to Technology@lemmy.worldEnglish · 6 months agoJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.comexternal-linkmessage-square82fedilinkarrow-up13arrow-down11cross-posted to: technology@lemmy.world
arrow-up12arrow-down1external-linkJust 137 crypto miners use 2.3% of total U.S. power — government now requiring commercial miners to report energy consumptionwww.tomshardware.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 6 months agomessage-square82fedilinkcross-posted to: technology@lemmy.world
minus-squaredarthfabulous42069@lemm.eelinkfedilinkEnglisharrow-up0·6 months agoYou’d think with all of the money they’re pulling in, they’d invest in solar panels or something to lower their overhead. Or am I making the mistake of approaching the situation with common sense?
minus-squareSnekeyes@lemmy.worldlinkfedilinkEnglisharrow-up0·6 months agoVs. Banks. That have offices, branches, atms, data centers… banking does use more energy yearly. So why not both invest in renewables
minus-squarestoy@lemmy.ziplinkfedilinkEnglisharrow-up1·6 months agoSure, but how much of the global financial market does crypto represent? I susptect that the energy consomption per transaction is considerably higher for crypto than for a normal financial transaction.
minus-squareorrk@lemmy.worldlinkfedilinkEnglisharrow-up1·6 months agono, it is exorbitantly higher for a single crypto transaction
You’d think with all of the money they’re pulling in, they’d invest in solar panels or something to lower their overhead.
Or am I making the mistake of approaching the situation with common sense?
Vs. Banks. That have offices, branches, atms, data centers… banking does use more energy yearly. So why not both invest in renewables
Sure, but how much of the global financial market does crypto represent?
I susptect that the energy consomption per transaction is considerably higher for crypto than for a normal financial transaction.
no, it is exorbitantly higher for a single crypto transaction