Mark Cuban takes a stab at healthcare reform.
Each bitcoin transaction represented at least 26 kWh of electricity.
Between my optimistic lower-bound estimate, and the BECI, we’re still left with a staggering amount of electricity embodied in each bitcoin transaction—anywhere from 26 to 100+ kWh, or enough to power 0.9 to 3.6 US households for a day. To repeat, this is thousands of times more energy-intensive than an estimate for a credit card transaction.