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> Bitcoin is notorious for consuming as much electricity as the Netherlands, but there are around 10,000 other cryptocurrencies, most using similar infrastructure and thus also in aggregate consuming unsustainable amounts of electricity.

Nice generalization. I stopped reading after that.

How much is the banking system with all of its employees and buildings wasting I wonder.



They aren't including the people of Binance and etc. In every country either in that calculation, you should try reading it.

It has some pretty good points.


Sorry, but Binance is not web3. Why didn't you give SushiSwap or any other decentralized exchange as example?


?

> How much is the banking system with all of its employees and buildings wasting I wonder.

So, you want to compare the entire banking sector with just a subset of a subset ( eg. Sushiswap)?

I took Binance as an example that the whole Bitcoin electricity thing didn't take into account and that your comparison isn't even in the same league. Binance has eg. Obvious employees/developers.

There are many more things not included in your "reference". Sushiswap is just a subset of what wasn't included either.




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