“With the network handling 113 million transactions in 2020 and 96.7 million in 2021, the water footprint per transaction processed on the Bitcoin blockchain for those years amounted to 5,231 and 16,279 L, respectively.”
Alex de Vries, Data Scientist - Financial Economic Crime, De Nederlandsche Bank · Bitcoin since: +78%
As published by BBC
A little perspective.
Bitcoin on that day$37,828November 29, 2023
$100 at that price$178.23At our latest price check
Illustrative value using a Bitcoin price of $67,421, checked Nov 14, 2026, 3:26 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Alex de Vries appears in 2 recorded obituaries. 14 declarations were recorded in 2023.
Keep the receipt.
Bitcoin Is Dead. “Every Bitcoin Payment 'Uses A Swimming Pool Of Water'” — Alex de Vries, BBC, November 29, 2023. Bitcoin: $37,827.6. https://bitcoindeaths.com/posts/2023-11-29-every-bitcoin-payment-uses-a-swimming-pool-of-water