Technology

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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.

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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 1 year ago by throws_lemy@lemmy.nz to c/technology@beehaw.org

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[–] Michal@programming.dev 8 points 1 year ago

It's incorrect. I would comparing to fuel consumption in a car based on how many times you turned. If you make more turns on your way, it would seem your car is more efficient, when in reality there's very little relation between turns and fuel usage, just like there is little relation between number of blocks mined and transactions.