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The environmental impact of Bitcoin, given it's current electricity usage is magnitudes less than what countries do with that same amount of electricity. Bitco
by knuthsat 6y ago
The environmental impact of Bitcoin, given it's current electricity usage is magnitudes less than what countries do with that same amount of electricity.
Bitcoin is a non-issue.
edit: http://www.withouthotair.com/ http://www.withouthotair.com/ I'm basing this argument on calculations from this book.
- PragmaticPulp 6y agoYou can make any number seem small if you compare it to something arbitrarily larger. That doesn’t make the original point invalid, though. Bitcoin’s energy usage is absolutely significant. In a world where we’re chasing a couple percent efficiency improvements here and there, it’s ridiculous that people are promoting a currency that literally incentivized people to perform wasteful computing operations on the scale of a medium sized country.
- knuthsat 6y agoThe world is irrational in doing 0.x% improvements on something with a small footprint. I'm waiting for a time where programmers will find it completely rational to optimize the fastest functions in their code. This whole environmental footprint of Bitcoin is absolutely meaningless. It's the most efficient and least destructive waste of energy imagined.
- icefrakker 6y ago"It's the most efficient and least destructive waste of energy imagined." Excepting political comments this is the dumbest thing I've read on HN.