>are you trying to say China is using 100% renewable energy everywhere and has no need for lower energy costs for the rest of their population? No? I'm saying

>are you trying to say China is using 100% renewable energy everywhere and has no need for lower energy costs for the rest of their population? No? I'm saying most of Bitcoin mining is done using renewable energy. Most of which is excess capacity that would have been wasted anyway. >And surely that energy could be used for other things, except it's not right now because getting paid for mining/processing transactions in a Ponzi-Pyramid scheme is far more profitable than other uses. And who are you decide how people spend their energy? How many quants do we pay to burn their brains in coming up with strats to create positive alpha because it's far more profitable than solving whatever "important issue" you care about. If you have an issue with how the free market allocates its resources maybe you're the one that is wrong, because people are paying money to show you that you are wrong.