It's not wasting energy, it's consuming previously wasted energy. In fact it puts a floor under energy prices so that it rather than wasting energy that you can

It's not wasting energy, it's consuming previously wasted energy. In fact it puts a floor under energy prices so that it rather than wasting energy that you can't get to consumers you can instead use it to mine bitcoin. Nic Carter has a good piece on this: https://www.coindesk.com/the-last-word-on-bitcoins-energy-consumption https://www.coindesk.com/the-last-word-on-bitcoins-energy-co...