Scientific Study: Bitcoin 56x more energy efficient than traditional banking system

 

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Scientific Study: Bitcoin 56x more energy efficient than traditional banking system

Energy is the hot topic right now. This scientific paper compares bitcoin’s energy use with the energy consumption of the traditional banking system, which it seeks to replace

A noteworthy slice is that the lightning network is even more energy efficient. A single lightning transaction is calculated to be 400,000x more energy efficient than a single transaction in traditional banks

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