Re: A missed opportunity
This argument is typically based directly or indirectly on numbers from a 2018 article published in Nature's Climate Change Journal. That article made several errors, including conflating the energy used to produce an entire bitcoin block with the energy used for a single transaction. Since a bitcoin block actually stores thousands of transaction, their numbers are several orders of magnitude too high. This is well-known, but of course that doesn't stop crypto haters from continuing to spew misinformation based on that article.
Biting the hand that feeds IT
