Over 2 percent of the US’s electricity generation now goes to bitcoin

L4sBot@lemmy.worldmod to Technology@lemmy.world – 361 points –
Over 2 percent of the US’s electricity generation now goes to bitcoin
arstechnica.com

Over 2 percent of the US’s electricity generation now goes to bitcoin::US government tracking the energy implications of booming bitcoin mining in US.

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2% for the reliable independent monetary system seems like a good deal. How much does our current one consume with all its flaws?

Bitcoin is anything but reliable and independent. And it's 2% for the miniscule inconsequential amount of transactions it does compared to the amount of transactions happening.