Denmark has 5M people and average temps between 0 and 17C.
That means little heating and no ac.
32tWh/yr means roughly 3,6GW, which is output of 1-2 average nuclear power plants.
32tWh/yr means roughly 3,6GW, which is output of 1-2 average nuclear power plants.
If we're going to soon need dozens of nuclear reactors to power cryptocurrencies, that's worth discussing at least. You can't brush it away as something insignificant in the grand scheme of things.
Let's say a reactor works for 10 years.
That would give $32,760 billion in trade, and reactor cost would be 0.833% of that.
Not a big fee if you ask me.
Of course, if cryptocurrencies would scale so they become significant between other trades, we can't just built thousands of nuclear reactors. This is where proof of stake will come into play.
https://en.wikipedia.org/wiki/Nuclear_power_phase-out
Reactors are being built primarily for heating and cooling, and eventually vehicle charging.