this post was submitted on 02 Feb 2024
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Yes but 65000 TPS for Bitcoin would likely have the planet glowing much brighter in the infrared... possibly even the visible, for all the heat we'd need to dump.
A rich, warm, and sterilized world!
It's still wasted energy. If it wasn't used on bitcoins, it would have been used on other things - some of which had to be powered by fossil fuels.
How does that even make sense? Renewable is cheaper than burning petrol, of course there's a shortage.
I don't think you understand how the electric grid works if you say that wasting energy into creating heat is the way to go.
It may very well be renewable. I'm really more referring to the inefficient way in which the sums are calculated. Those data centers get warmish.
And yeah, AI is just the next thing we decided to punish our GPUs with. Crazy how we've used that part of the computer these last few decades...
I'm more engaged in a chat gpt session that I am staying up till 4 am watching line graphs of crypto prices, guilty as charged 😁. Not sure what comment it makes about society other than "we seem pretty lonely, everything ok?"
Isn't that still an order of magnitude less than what Visa can do? Or is there some extra math involved that I don't know about
Where are you getting the TPS report for the Lightning Network? I thought its theoretical max TPS was in the millions.