0.1% per *day*? Are you sure? That's a 3.5% fee per *year*! That's astonishingly...

RoboTeddy · on Nov 2, 2017

oh it's 0.1% of new payments per day.

if you wanna compare it to all stored value instead (about $100bn), then the "electricity safety fee" comes out to ~0.001% per day.

(these comparisons are just meant to help put the electricity costs roughly in scale against the benefits they help provide)

tome · on Nov 3, 2017

Ah yes, thanks, I misread. So it's 0.35% per year so still quite a lot.

[My initial calculation was wrong. It would have been 35% per year, which would have been more obviously incorrect!]