Comment

Comment by Quenty

Turns out, about 10x less than Bitcoin, (this article seems to imply 25 million GJ per a year of energy mining/processing gold, and the Twitter thread implies 280 million GJ per a year in Bitcoin.

https://www.coindesk.com/microscope-true-costs-gold-producti...

Except Bitcoin also creates electronic waste, including gold, and, I would argue, is not at the scale that gold is at, as an influencing factor on the economy.

parent Quenty 5 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton