this post was submitted on 04 Dec 2023
199 points (100.0% liked)

Technology

37747 readers
229 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS
alyaza@beehaw.org
TheRtRevKaiser@beehaw.org
gyrfalcon@beehaw.org
rs5th@beehaw.org
coldredlight@beehaw.org
Los@beehaw.org
SemioticStandard@beehaw.org
TheRtRevKaiser@kbin.social
remington@beehaw.org
199
Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages (www.tomshardware.com)
submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@beehaw.org
110 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] EinfachUnersetzlich@lemm.ee 2 points 11 months ago* (last edited 11 months ago) (1 children)

Yeah, at current electricity prices where I live that would be just under £300,000 per transaction. Doesn't seem right.

Edit: as pointed out, I was out by a factor of 100. Electricity costs 40p per kWh here.

[–] GenderNeutralBro@lemmy.sdf.org 4 points 11 months ago (1 children)

You sure you have the magnitude right on that? From a quick search, I think it should only be about £200 in e.g. London, with similar prices in big cities across the US. I thought those were relatively high prices to begin with.

[–] EinfachUnersetzlich@lemm.ee 1 points 11 months ago

You're right. It was late.