• stoy
      link
      fedilink
      English
      arrow-up
      1
      ·
      10 months ago

      I did find some information about this, and have posted about it in the thread, and you are absolutely right about this in regards to Bitcoin, I did not find a lot of information about other crypto apart from Etherium, which claimed that the energy use of one Etherium transaction would not consume any power at all, which I doubt.

      • makeasnek@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        ·
        10 months ago

        Ethereum uses proof-of-stake, there is no “mining” in a traditional sense, so its power consumption is more akin to e-mail than mining crypto. But proof-of-stake leads to centralization over time, which is antithetical to what Bitcoin people want.