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Another anti-Bitcoin article focusing on energy consumption, how original. HN has discussed this to death.
by SamPatt 6y ago
Another anti-Bitcoin article focusing on energy consumption, how original.
HN has discussed this to death.
- MBCook 6y agoIt’s still a problem. And getting worse.
- hddu 6y agoGood
- donovanian 6y agoThere's a certain type of person that applies this exact phrase to everything they ideologically oppose. They're joyless and authoritarian.
- verdverm 6y agoMaybe society is tuning in to the problem more. My parents mentioned it. If they are going to ban ICE vehicles, crypto mining is worth considering for the same fate, especially when energy efficient alternatives exist
- gruez 6y agoThe equivalent to banning bitcoin mining would be banning personal vehicles, or banning pickup trucks/SUVs. Banning ICE vehicles would be closer to banning the use of fossil fuels for bitcoin mining.
- verdverm 6y agoIt's about significant contributors to climate change. If BTC contributes disproportionately, then there will be a call to ban its mining. It's already happening (see China and St Lawrence County, where locals were unhappy that BTC miners drove up their electricity bills)
- lolsal 6y agoThe original element of the article is the perspective it's offering regarding _how much_ energy bitcoin consumes. You can dismiss it each time it comes up, but the reality of the situation isn't changing.