“Research has found that bitcoin miners alone consume approximately between 60 to 125 TWh of energy annually, which is equivalent to around 0.6% of global electricity”

“Traditional banks’ total annual energy consumption of traditional banks is around 26 TWh on running servers, 26 TWh on ATMs, and 87 TWh from an estimate of 600k+ branches worldwide. Totaling 139 TWh.”

Not to mention banks impact on people’s lives. Limited purchasing power of the poor and soon to join them middle class… to purchase disposable products

https://www.iyops.org/post/energy-consumption-cryptocurrency-vs-traditional-banks

Yeah. 600k Branches, 1 million atms, data centers…

Vs. Banks. That have offices, branches, atms, data centers… banking does use more energy yearly. So why not both invest in renewables

Lets talk about the bank branchs, data centers, and energy consumption vs crypto.

"Research has found that bitcoin miners alone consume approximately between 60 to 125 TWh of energy annually, which is equivalent to around 0.6% of global electricity

“Traditional banks’ total annual energy consumption of traditional banks is around 26 TWh on running servers, 26 TWh on ATMs, and 87 TWh from an estimate of 600k+ branches worldwide. Totaling 139 TWh.”

Not to mention banks impact on people’s lives. Limited purchasing power of the poor and soon to join them middle class… to purchase disposable products. Like the old tale of buying a expensive boot vs a cheap one.

I’m all for less power usage … but seems like a witch hunt compared to what banking gets away w. It’s the the first time banks can point the finger at someone other then themselves.

https://www.iyops.org/post/energy-consumption-cryptocurrency-vs-traditional-banks

I don’t think that’s what the article is talking about. The cart and hand scanner are different.

I have Andriod and my wife’s got iPhone. IMessages don’t deliver… or deliver hours later. Images don’t make it… or make it xna they are potato.

Uh. It’s not that. Along w that is videos w potato quality, messages that never make it. Of course anyone reading your comment knows you missed the point.

Yeah. Exactly. Space man is bad. It’s not free speech to harm others. We are in the US where woman don’t have rights over their choices in many states.

It’s like the calculator in the 80s and 90s. Teacher would constantly tell us “no jobs just gonna let you use a calulator, they’re paying you to work”…

I graduated, and really thought companies were gonna make me do stuff by hand, cause calulators made it easy. Lol.

I see what you did. Lol.

My comment now in retrospect was asinine. Yeah. True boomers are in that bracket.

Freedum loving repubeicans inbound to other states?

27 times already. I’d say the math works. The Repubeicans are at their end. This is their last kicks. They know the world is changing and they are not in favor. That’s why they have the corrupt syrpeme court in a attempt to get in what the minority wants.

Funny how there’s been 27 amendments tho

Websites are supposed to just change the logo for social media? Yeah. Nope. Website owners are just gonna take it down casue they won’t know. Bye bye X.

You just explained a large selection of boomers.

BMW. Eveytime. No blinker use either.

Jeesh. Sign me up?

This too shall pass. Also. Welcome to the internet!

Did someone say “poop knife”?