That sounds very impressive, until you realize that Argentina uses slightly more energy than a single hydroelectric power station like the Itaipu Dam (103 TWh/y

That sounds very impressive, until you realize that Argentina uses slightly more energy than a single hydroelectric power station like the Itaipu Dam (103 TWh/year). So comparing Bitcoin to Argentina really is more a testament how little electricity Argentina uses. In people's mind, a "single dam" sounds much, much less impressive than a "whole country".