Timeline for Energy cost of bitcoin vs physical currency?
Current License: CC BY-SA 4.0
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Oct 15, 2023 at 7:47 | comment | added | Dr. Hans-Peter Störr | Nice answer, thanks. A problem is however that bitcoin's energy usage is proportional to the mining reward, and thus the picture will look very differently if bitcoins market capitalization would reach the market capitalization of gold. So a fairer comparison would be spent energy per dollar. | |
Apr 22, 2021 at 21:17 | vote | accept | user4574 | ||
Apr 20, 2021 at 19:09 | comment | added | ghellquist | So what? Bitcoin is marketed as a payment system for buying goods and services. What is the (total cost / actual buying transactions). | |
Apr 19, 2021 at 20:25 | history | edited | leevancleef | CC BY-SA 4.0 |
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Apr 16, 2021 at 0:07 | comment | added | user4574 | This is a pretty good answer. I am glad that it seems to agree with my estimate in terms of cost. | |
Apr 15, 2021 at 23:34 | history | edited | leevancleef | CC BY-SA 4.0 |
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Apr 15, 2021 at 22:36 | history | edited | leevancleef | CC BY-SA 4.0 |
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Apr 15, 2021 at 22:14 | history | answered | leevancleef | CC BY-SA 4.0 |