Yes, believable, from all the payment methods available, Greenpeace would choose the most fucking inefficient one, that wastes 700 kWh for a single transaction, that’s 100 households!

  • Magnetic_dudOP
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    1
    ·
    2 days ago

    please explain how to transfer bitcoin without mining a block, since the transactions are contained there.

    You need to take the energy required to mine a block and validate it (a lot, could power a small town), then divide for the few transactions that could be included in just 1 mb.

    They impose a size limit on the transactions that can be included, so even if tomorrow the transactions increase 10x, each block could contain the same limited number. Of course, if you only count the electricity used by your machine to send the transaction, it’s just a few milliwatts. The problem is all the garbage calculations that need to be done to actually validate it.