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Ethereum is a Raspberry Pi that needs as much energy as Finland to function.

👏

Aral, where did you get your preposterous lies about Ethereum’s energy consumption, you snowflake communist cuck?

Me: Umm… *checks notes*… the Ethereum Foundation?

🤷‍♂️

ethereum.org/en/energy-consump

@aral This type of stuff is reaching its limits, because if its energy use continues at the current rate then it will turn into something akin to a national security problem.

Also this is a global pyramid scheme, so when it eventually collapses there could be some economic fallout. Think Albania, but world scale.

@aral

".. and for that amount of energy we proudly manage to do on average 1,000 times less daily transactions than people do on credit cards"

@aral well that's back-of-the-napkin estimation that is not on that site :)

@hkqd @aral

I used some metrics from ethereum daily transaction charts [0] amounting to ~1.2 million a day in 2022 and credit card transactions in 2018 [1] amounting to 1.01 billion a day. With the pandemic I wouldn't be surprised if credit card payments have increased significantly.

[0] ycharts.com/indicators/ethereu

[1] cardrates.com/advice/number-of

@aral This is surreal. I almost catch myself in believing this is a hoax. It can't be real right? People must have noticed when they compare the benefits vs the cost right? This is a real joke. This is surreal.

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