Technology

37747 readers

347 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

alyaza@beehaw.org

TheRtRevKaiser@beehaw.org

gyrfalcon@beehaw.org

rs5th@beehaw.org

Los@beehaw.org

coldredlight@beehaw.org

SemioticStandard@beehaw.org

TheRtRevKaiser@kbin.social

remington@beehaw.org

189

Each Bitcoin transaction uses 4,200 gallons of water — enough to fill a swimming pool — and could potentially cause freshwater shortages (www.tomshardware.com)

submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@beehaw.org

109 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] jarfil@beehaw.org 21 points 11 months ago

Because of these transactions, many countries, such as the United States, could face freshwater shortages if the currency becomes more widely adopted.

False.

Blocks get mined (secured) with the same amount of power no matter the number of transactions in each.

Interesting that an article like this would come out right as Bitcoin's value is going up and the US SEC is considering approval of several Bitcoin ETFs.