this post was submitted on 09 Feb 2024
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Wait till you find out how much energy banking uses...
Per transaction?
Banks will use progressively less energy per capita as bulk data processing becomes more energy efficient, assuming they donʼt transition to using proof-of-work.
How much? How much of total US power is used by banks? You have a number, right?
"This one asshole burns eight tons of coal every day."
"Yeah but whatabout the carbon from the entire rest of world's electricity production? That number is bigger and I don't know what context is."