The Bitcoin network allegedly uses the amount of energy as the whole country of Denmark. This includes heavy industries like aluminum smelting that more or less use as much power as they are allowed to.

A Bitcoin transaction uses about 1,005 kWh, while 100,000 VISA transactions use 169 kWh, according to https://www.statista.com/statistics/881541/bitcoin-energy-co...

There's no way that a single $6 credit card transaction uses as much energy as sending $6 worth of bitcoin, which is the relevant measure.

Yes, they did! Note that, like you, 0 bitcoiners who have ever raised this objection put a number in.

* Bitcoin: 0.1% of all electricity, 7 transactions per second.

* THE ENTIRE REST OF CIVILISATION, FINANCIAL SYSTEM AND ALL: 99.9% of electricity, a heck of a lot more than 6,993 transactions per second.

I personally can't wait until most crypto currencies move to proof of stake over proof of work. I wish the UN would coordinate some sort of global carbon tax initiative. Want to mine crypto? Ok, but you're paying for the co2. No more free rides!

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