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Debunking the “Bitcoin's Electricity Consumption” Problem (blockchaind.net)
4 points by funyug on Nov 22, 2017 | hide | past | favorite | 1 comment



Argument 1: "Well that's how bitcoin work."

Argument 2: "Bitcoin is more than a company, so lets compare it with the costs of securing the whole internet"

Fact is the cost of a transaction is orders of magnitude bigger, and it's just getting worse with time.




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