BSV's advanced transaction processing is not only more efficient but also environmentally conscious, utilizing just 0.2% of the energy per transaction compared to traditional PoW blockchains and handling 29.33% the number of global transactions.
A single BTC transaction can consume as much electricity as 624.63 households do in a day, illustrating the significant energy demand of traditional blockchain transactions.
The energy consumed by one BTC transaction could power 163.84 hours of binge-watching your favorite show on Netflix, a stark representation of its energy demand.
BTC's carbon footprint per transaction is equivalent to the carbon footprint of a car driving 1237.62 miles.
A single BTC transaction consumes as much electricity as it takes to power a refrigerator for 15.86 months.
BSV's network congestion is 0.002% of its maximum capacity, while BTC's network congestion is 71.43% of its maximum capacity.
This formula precisely calculates the carbon footprint of each transaction in a Proof of Work blockchain network. By dividing the network's total hashrate (640822168103935000000 hashes/second) by the hashrate of an S19 Antminer (110000000000000 H/s), we calculate 5825656 asic machines on the network. Multiplying this number by the consumption of an s19 asic: 3.25 Kwh, we obtain the total power consumption of the network is 18933382 kWh. We break down the energy consumption to a per second by dividing by 60 minutes and by 60 seconds. Finally, we divide by the current number of transactions per second (5 tps) to obtain the energy consumption per transaction 1052 kWh. By multiplying by 0.5 kg CO2 per kWh, we obtain the carbon footprint per transaction 526 kg CO2 per transaction.
It is 501.38% more efficient to transact on BSV than BTC.
This formula precisely calculates the carbon footprint of each transaction in a Proof of Work blockchain network. By dividing the network's total hashrate (563826408444804540 hashes/second) by the hashrate of an S19 Antminer (110000000000000 H/s), we calculate 5126 asic machines on the network. Multiplying this number by the consumption of an s19 asic: 3.25 Kwh, we obtain the total power consumption of the network is 16659 kWh. We break down the energy consumption to a per second by dividing by 60 minutes and by 60 seconds. Finally, we divide by the current number of transactions per second (2.32 tps) to obtain the energy consumption per transaction 2 kWh. By multiplying by 0.5 kg CO2 per kWh, we obtain the carbon footprint per transaction 0.99728 kg CO2 per transaction.