The no right turn sign appears to be for the other side of the street, since at the intersection itself, there's a one way sign indicating right turns are possible, and no do not enter signs.
I would expect visa to need more employees to maintain their systems, but that's just my intuition, and it might be wrong. You're right, too. Even though humans are very resource intensive (they need > 2kWh of energy…
Another commenter bbrought this up. I agree, it's not an apples to apples comparison, but think it would still help give a sense of scale.
That's getting close, and it doesn't look good for bitcoin, but the estimates of visa's energy useage are from a visa published report, and they seem to omit the energy usage needed to sustain employees. Of course, the…
Yeah, good point. It's really impossible to disentangle the costs of traditional finance operations analogous to bitcoin from other costs of traditional finance. The comparison would not be perfect, bit I still feel…
Right, and I haven't seen estimates for the resource intensity of traditional finance. (We do have good estimates of the total volume of traditional finance, so an estimate of the total resource usage of traditional…
Whenever I read anything about how resource intensive the bitcoin network is, I wonder how it compares to the total energy and other resource use of traditional finance. Those costs have got to be pretty high for…
The no right turn sign appears to be for the other side of the street, since at the intersection itself, there's a one way sign indicating right turns are possible, and no do not enter signs.
I would expect visa to need more employees to maintain their systems, but that's just my intuition, and it might be wrong. You're right, too. Even though humans are very resource intensive (they need > 2kWh of energy…
Another commenter bbrought this up. I agree, it's not an apples to apples comparison, but think it would still help give a sense of scale.
That's getting close, and it doesn't look good for bitcoin, but the estimates of visa's energy useage are from a visa published report, and they seem to omit the energy usage needed to sustain employees. Of course, the…
Yeah, good point. It's really impossible to disentangle the costs of traditional finance operations analogous to bitcoin from other costs of traditional finance. The comparison would not be perfect, bit I still feel…
Right, and I haven't seen estimates for the resource intensity of traditional finance. (We do have good estimates of the total volume of traditional finance, so an estimate of the total resource usage of traditional…
Whenever I read anything about how resource intensive the bitcoin network is, I wonder how it compares to the total energy and other resource use of traditional finance. Those costs have got to be pretty high for…