Energy consumption Bitcoin vs Banking System
submitted 5 years ago by useless_aether from (invidio.us)
[–]jeffreyanderson 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 7 months ago (0 children)
Bitcoin's energy consumption is often compared to traditional banking systems. While Bitcoin consumes substantial energy for mining, banks require vast infrastructure, offices, and resources, resulting in a complex energy usage comparison. Both systems have environmental impacts that need evaluation and mitigation.
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cryptocurrency and related discussion
[–]jeffreyanderson 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)