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Our comments and questions along these lines don't seem to be too popular. Sometimes I wonder how I ended up in the industry I'm in with my own locally unique
by goatcode 5y ago
Our comments and questions along these lines don't seem to be too popular. Sometimes I wonder how I ended up in the industry I'm in with my own locally unique thoughts and conclusions. It's very tiring.
- wmf 5y agoCrypto only provides a small fraction of the functionality of the federal reserve or banks or credit card companies, so it isn't fair to compare energy consumption. (I know coiners basically don't want monetary policy so the fed has negative value to them but many people disagree.)
- goatcode 5y agoThat's a fair point, but a similar point could be made about the efficiency and energy density of solar vs. coal. Definitely about wind vs. coal. So I'd say based on that the entire original point is mastabatory at best.