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> Well it is terrawatts of environmentally sustainable energy No wasting of energy is environmentally sustainable. We exhausted earth's capacity for hydroelect
by monopoledance 6y ago
> Well it is terrawatts of environmentally sustainable energy
No wasting of energy is environmentally sustainable. We exhausted earth's capacity for hydroelectric dams and their "free" energy of the past will be gone, when they operate for their intended purpose of powering new settlements. And do you think bitcoin will thrive when it's all mined with iceland's geothermal monopoly?
Nuclear, solar and wind are resource intense "not carbon-based" / "sustainable" technologies, but blowing away their production in unnecessary heat generation is not environmentally sustainable.
1 TW would be 71,000 upcoming SGRE 14MW(!) offshore wind turbines running at max capacity (which of course is completely unrealistic). If you line them up, that would be a wind park of about 16,000 km length, or about twice the distance between Europe and the US. Apart from all the material wasted, maintenance efforts and lives lost, I am sure earth's capacity for wind energy is limited too, as obviously winds don't produce free energy either and over exploitation may, or may not be catastrophic for earth's local climates. E.g. there are ideas to kill American hurricanes with offshore windparks, afaik.
And really, the question is never, if your could operate bitcoin with "sustainable" energy production, but what else you could invest the energy in instead. Bitcoin has nothing to offer which justifies its energy demand, as there are (possible) alternatives which cost us less.
Bitcoin has no future, if humanity has one.
- vmception 6y agoA lot of energy at plants is not transported to economic centers because it will be lost on the way. In some places that energy is burned off into the atmosphere instead, in other places plants are just operating underneath the capacity they already built. Putting that towards bitcoin mining is by far the biggest impact, as in it is either positive impact (reducing burning) or no impact, and the heat concern and the hardware creation concern are comparatively much smaller. Much of the potential e-waste actually winds up at these sites and continue to be used because the power cost is so low. The heat is often transferred to something else that needs heat. Ive seen proposals for use in fish farms near the site, which were already generating their own heat with an inefficient means. I’m telling you the answer. Not arguing for anything at all. The answer is acknowledging that fracking wont stop here are ways to reduce its impact. The answer is that hardware production wont stop, here are how it is being used as a sustainability solution greater than its heat and future e-waste reality. You aren't going to get your reality, and the existing reality is providing an economic practicality that nobody like you has ever come up with, its simple as that.