this post was submitted on 04 Dec 2023

197 points (98.5% liked)

Technology

37383 readers

157 users here now

Rumors, happenings, and innovations in the technology sphere. If it's technological news or discussion of technology, it probably belongs here.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

alyaza@beehaw.org

TheRtRevKaiser@beehaw.org

gyrfalcon@beehaw.org

rs5th@beehaw.org

coldredlight@beehaw.org

SemioticStandard@beehaw.org

TheRtRevKaiser@kbin.social

remington@beehaw.org

197

Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages (www.tomshardware.com)

submitted 7 months ago by throws_lemy@lemmy.nz to c/technology@beehaw.org

110 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] coffeetest@kbin.social 8 points 7 months ago* (last edited 7 months ago)

ethereum moved to proof of stake sometime back. BTC and I think a few other (very) minor cryptos still use proof of work which is where the significant power usage goes. Not something I track but I believe the vast majority of non-BTC cyptos are proof of stake or something not proof of work anyway and BTC is the only one that uses proof of work and is used at all. That might not exactly be technically correct but it is in the practical realm.