from Hacker News

Bitcoin’s Last Stand

by rubenv on 11/30/22, 12:12 PM with 2 comments

• by pjkundert on 11/30/22, 2:16 PM

  So states an organization that represents companies owning roughly 1/2 of all downtown commercial real-estate on the planet — banking and insurance.

  What is the per-transaction energy and waste cost of that?

  Unstated.

• by rubenv on 11/30/22, 12:12 PM

  > One Bitcoin transaction consumes hardware comparable to the hardware of two smartphones.

  I knew it was bad, but this is just horrifying.