The next time you decide to buy or sell some of your bitcoins, you might consider this. A while ago Teunis Brosens from the ING bank published a report on the costs of Bitcoin. He came to the conclusion that for one single transaction, roughly 245KWh is needed. This is way over the average monthly energy bill for your standard household.
I don't usually write about these things, but I just had to share this!
👉 Read: Why Bitcoin transactions are more expensive than you think👈
Thanks for reading!
Feel free to follow me and stay up to date on activities by CoderDojo
to get children into programming and technology.
In case you are wondering who I am,
feel free to give my #introduceyourself a read :).