• tracyspcyM
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    3 years ago

    Not so fast and cheap though. Previously when countries were moving gold to/from USA by ships it were also very expensive in terms of energy transactions.

    • k_o_t
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      3 years ago

      i rather meant other cryptocurrencies…

      but if you’re a billionaire trying to move a billion to another address, 1MWH doesn’t seem that much

      • tracyspcyM
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        3 years ago

        Fun thing that the same functionality would be with lower amount of miners, spikes in price lead to increase in miners amount and hashrate.

    • uthredii
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      3 years ago

      I can’t think of a slower or more expensive way lol