Something on the lines of if your company facility is using over X amount of energy the majority of that has to be from a green source such as solar power. What would happen and is this feasible or am I totally thinking about this wrong

  • GenderNeutralBro@lemmy.sdf.org
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    10 months ago

    And that’s just Visa.

    https://www.eia.gov/consumption/commercial/data/2012/c&e/cfm/pba4.php

    That lists the energy usage of banking and financial office space to be 18 billion kWh, or 64.8 petajoules. (About 87x that Visa figure.)

    And even that is just office space. Doesn’t factor in the manufacture, distribution, transport, storage, and disposal of physical money, or any other associated costs.

    • Overzeetop@lemmy.world
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      10 months ago

      On the flip side, global banking processes something like 5+ orders of magnitude more transactions than ETH, so even at the low end it’s 1000x more efficient than the most well known POS coin.