I'm surprised to see Paypal only uses 0.26 TWh/yr (compared to Bitcoin's 200 TWh/yr and Ethereum's 112 TWh/yr) which includes their offices and data centers[1].
I've heard the argument that if you take into account all the human-associated energy costs Bitcoin's energy use compared to a company like Visa would be comparable. Now I'm not so sure.
Notably this 0.26 TWh/yr number doesn't include things like the energy used by each human to drive to and from work or the amount of energy needed to make the food that fed them that year but now we're getting into some anti-human territory.
Perhaps the goal shouldn't be to minimize energy use but to maximize energy output.
I've heard the argument that if you take into account all the human-associated energy costs Bitcoin's energy use compared to a company like Visa would be comparable. Now I'm not so sure.
Notably this 0.26 TWh/yr number doesn't include things like the energy used by each human to drive to and from work or the amount of energy needed to make the food that fed them that year but now we're getting into some anti-human territory.
Perhaps the goal shouldn't be to minimize energy use but to maximize energy output.
1. https://app.impaakt.com/analyses/paypal-consumed-264100-mwh-...