- cross-posted to:
- news@lemmy.world
- hackernews@lemmy.smeargle.fans
- cross-posted to:
- news@lemmy.world
- hackernews@lemmy.smeargle.fans
Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.
All that energy for bitcoin only supports 7 tx/s. Digital dollar payments do tens if not hundres of thousands per second.
tx/s?
Transactions per second. Bitcoin is slow and expensive to get your transaction “approved”.
Transactions per second