• jaemo@sh.itjust.works
      link
      fedilink
      arrow-up
      12
      arrow-down
      1
      ·
      11 months ago

      Yes but 65000 TPS for Bitcoin would likely have the planet glowing much brighter in the infrared… possibly even the visible, for all the heat we’d need to dump.

      A rich, warm, and sterilized world!

        • Klear@sh.itjust.works
          link
          fedilink
          arrow-up
          5
          ·
          11 months ago

          However, correct me if I’m wrong here because I’m not that much invested in bitcoin as a tech or investment, but isn’t almost half of the energy used on bitcoin generated from renewables? I could swear I saw an article about it somewhere.

          It’s still wasted energy. If it wasn’t used on bitcoins, it would have been used on other things - some of which had to be powered by fossil fuels.

            • mandos@lemm.ee
              link
              fedilink
              arrow-up
              3
              ·
              11 months ago

              How does that even make sense? Renewable is cheaper than burning petrol, of course there’s a shortage.

                • mandos@lemm.ee
                  link
                  fedilink
                  arrow-up
                  3
                  arrow-down
                  1
                  ·
                  11 months ago

                  I don’t think you understand how the electric grid works if you say that wasting energy into creating heat is the way to go.

        • jaemo@sh.itjust.works
          link
          fedilink
          arrow-up
          4
          ·
          11 months ago

          It may very well be renewable. I’m really more referring to the inefficient way in which the sums are calculated. Those data centers get warmish.

          And yeah, AI is just the next thing we decided to punish our GPUs with. Crazy how we’ve used that part of the computer these last few decades…

          I’m more engaged in a chat gpt session that I am staying up till 4 am watching line graphs of crypto prices, guilty as charged 😁. Not sure what comment it makes about society other than “we seem pretty lonely, everything ok?”

    • zalgotext@sh.itjust.works
      link
      fedilink
      arrow-up
      6
      ·
      11 months ago

      Isn’t that still an order of magnitude less than what Visa can do? Or is there some extra math involved that I don’t know about

    • explodicle@local106.com
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      1
      ·
      11 months ago

      Where are you getting the TPS report for the Lightning Network? I thought its theoretical max TPS was in the millions.