When it says transaction, is it referring to one person sending bitcoins to another person, or something else? Is that much energy really required confirm just one transaction?

I'm also wondering whether the energy requirement depends on the amount of bitcoins being sent as well.

What are you gonna do with all this info

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Oh just saw your signature. Nvm

I don't understand your question. Misinformation like this affects all of us, and is designed to discredit Bitcoin.

Of course I don't need stupid facts like this, but I do need to know what is being said about Bitcoin - Kitco is quite an influential site in the investment world.

Well, I honestly think that is not much, I mean look at the countries mentioned.

Furthermore, you have to calculate a bunch of things for visa transactions too.

- Producing the cash money and coins, plastic cards
- Hardware of the ATM´s (everybody can have his wallet on his phone or hardware wallet)
- Server hardware for their servers
- If bitcoin goes mainstream you can use 90% of the employed people by banks somewhere else
- (Ultra expensive offices of banks   )

Lol. Oh well, what can i say? Another say at the job. Seems like common sense is just so common and has become too boring for these type of peole to use. Lol.
I mean, why the fck would you even dare to speak when you don't even know sht about what you are talking about? Makes no sense. Is it just for the publicity? Damn. Id rather be unknown than to be famous because of my stupidity. Damn.

Gave me a good laugh though.

Did you mean to switch to an alt? Cause it's kinda obvious you will agree with yourself......

You are right of course but this is not an argument. I think it's overpriced. I understand if there were ways to solve this problem. But you can easily increase the size of the block and the transaction value will be significantly reduced. As the energy consumption per transaction. What is stopping you? The greed of miners? It turns out that we are all their hostages.

Global hashrate:                                                        11 500 000 TH/s.
Considering the average miner the S9                                      14 TH/s.

We have around 800 000 miners.
Energy consumption : 1375W. Let's assume a PSU with 90% efficiency and we get around 36kWh.
Since we're seeing 300k transactions that would lead to something around 100kWh per tx.

BUT.
And this is the biggest but, I haven't considered power at the wall, I've done the numbers with almost the best miner available, not added in cooling and ...bitcoin mining is highly profitable right now.
We are going to see another wave of miners hitting the markets pretty soon. (more power consumption unfortunately same tx numbers till LN).