3 ms·

I'll just leave this other side of the story: https://cointelegraph.com/news/study-over-74-of-bitcoin-mining-is-powered-by-renewable-energy https://cointelegrap

• nikanj 7y ago
  Energy is energy. If that energy wasn’t wasted mining bitcoin, it could power any of the other consumers of electricity.
  • mrb 7y ago
    Mining farms are by nature located in areas with cheap electricity, ie. where supply exceeds demand. So it isn't taking away energy from other consumers. For example: https://news.ycombinator.com/item?id=20194135 https://news.ycombinator.com/item?id=20194135
  • knocte 7y ago
    Well, then, thanks to bitcoin we're getting rid of the banking system, which means getting rid of many manual jobs such as clerks and the like. Energy well spent towards more automation!