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CrazyEyeJoe · 1643 days ago · link · · parent · post: Blockchain, the amazing solution for almost nothing
- it does so at effectively zero cost
If this were true you would have a point, but what about this from the article:
- Carrying out a payment with Visa requires about 0.002 kilowatt-hours; the same payment with bitcoin uses up 906 kilowatt-hours
I'm sure this is in large part due to Bitcoin's popularity and high number of users, but on a smaller scale this will be true for any blockchain application, and the power consumption will just keep increasing over time. This is not a trivial point.