3 ms·

Here are a couple of 2010 Satoshi forum posts on the topic: https://satoshi.nakamotoinstitute.org/posts/bitcointalk/threads/167/?view=satoshi https://satoshi.n

• Tepix 6y ago
  Satoshi writes: "Gold mining is a waste, but that waste is far less than the utility of having gold available as a medium of exchange. I think the case will be the same for Bitcoin. The utility of the exchanges made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be the net waste." I think we're long past this point and we have better alternatives to PoW now.