Chris Peterson

1019 days ago

Carrying out a payment with Visa requires about 0.002 kilowatt-hours; the same payment with bitcoin uses up 906 kilowatt-hours, more than half a million times as much, and enough to power a two-person household for about three months.

Blockchain, the amazing solution for almost nothing

Sjoerd Knibbeler made this image for The Correspondent; the rest of the images in this piece are from his series 'Current Studies' (2013-2016), which you can read more about at the end of the article. “Seven hundred blockchaingers,” the man shouts at his audience.