pull down to refresh

Cryptocurrency notoriously devours electricity; each Bitcoin transaction consumes 1,173 kilowatts.
This is misleading. There is no correlation between the number of bitcoin transactions mined per day and the amount of energy used by bitcoin miner in a day.
It's not an error by the author. It's used as a method to perpetuate a narrative that bitcoin transactions consume energy and thus by transacting on bitcoin you are adding to bitcoin's energy consumption.
Let's see if the author takes up this offer from Bitfarms' Ben Gagnon:
There are numerous errors in this article. Please DM me if you want to learn and improve on it.
reply
I would be surprised if they reply. They've got a narrative to push after all.
reply
deleted by author
deleted by author
deleted by author