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If bitcoin was not using said electricity (if there was no demand), would the power plants be producing that electricity in the first place? You might say no an
by itchyjunk 8y ago
If bitcoin was not using said electricity (if there was no demand), would the power plants be producing that electricity in the first place? You might say no and hence we burn less fossil fuel. But for renewable sources like hydro, you just produce less when the demand is less. (Based on what I read on wiki [0]).
Should we really say `don't try out new ideas because it's wasting precious electricity`? Maybe we should. But I feel like humans have enough technology under their belt that enough electricity generation isn't a dire situation. So are people worried about fossil fuel? If so maybe we should address that. If not, are we saying we need to quota electricity and decide if new techs shouldn't get a shot (if they are somewhat 'wasteful' and we don't know how useful it is)?
Side not, I wonder how much electricity gaming system uses.
[0] https://en.wikipedia.org/wiki/Hydroelectricity#Flexibility https://en.wikipedia.org/wiki/Hydroelectricity#Flexibility
- Guvante 8y ago> But I feel like humans have enough technology under their belt that enough electricity generation isn't a dire situation. It isn't a direct situation it is just wasteful... > Side not, I wonder how much electricity gaming system uses. A high end system uses around 750W and assuming 3 hours of game play a day is around 800kWh a year, so enough for 2.5 Bitcoin transactions. Besides honest question: is there anything about Bitcoin that is experimental anymore? Seems most research switched to different coins so defending Bitcoin to defend research is odd.