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Not all usage of energy is equivalent. It requires energy to run carbon scrubbers, yet we would probably agree that carbon scrubbers are worth the energy costs
by douglaswlance 6y ago
Not all usage of energy is equivalent. It requires energy to run carbon scrubbers, yet we would probably agree that carbon scrubbers are worth the energy costs for environmental benefits.
Can you prove that the energy bitcoin miners use would have been put to a more environmentally friendly use if they had not existed?
- karpour 6y agoThe energy used by bitcoin would simply have been not-used. Massive numbers of e-waste would've been avoided as well. Of course, if it wasn't Bitcoin, another cryptocurrency would use as much energy as Sweden right now.
- douglaswlance 6y agoIf we don't use energy that is produced, then it is wasted. We don't have a reliable method of mass energy storage.