Comment on Over 2 percent of the US’s electricity generation now goes to bitcoin
Sanyanov@lemmy.world 10 months agoMining is barely transactional in nature. Pretty much all of it is calculating hashes, which, on one hand, is super important as part of Proof-of-Work consensus, the most decentralized one we have, but on the other we have other reasonably secure options that waste two orders of magnitude less power.