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
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    9 days ago

    Can you do a transfer without mining a block?

    No, it needs to be included in any freshly mined block.

    Can you include an unlimited amount of transactions in a block to minimize the wasted energy?

    No, it’s hardcoded to around 1 mb and since the average is 300 bytes, that translates to ~3000

    Can you mine a Bitcoin without wasting an immense amount of energy?

    No.

    So, by math, you take that immense amount of energy and divide by ~3000 transactions.

    You can’t just take in consideration the 3 watts used by your computer in the 300 milliseconds used to submit the transfer, need to consider the whole network

    I would be happy to learn if it’s possible to transfer them without including the transaction in a block, that would be groundbreaking and then the electricity used would be 10000x less