Sunday, November 17, 2024
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Revisiting Bitcoin’s Energy ‘Problem’ in the Face of ESG Investment Mandates

The preceding point about transaction validation is important because it is enticing to compare the energy density of Bitcoin transactions to something like Visa (V). Bitcoin can only handle seven transactions per second compared to Visa’s 24,000+. But, remember, Bitcoin doesn’t use energy to validate transactions. The miners’ job is

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