This assumes that higher efficiency leads to lower total consumption of energy, the data says otherwise. [1] It is interesting that "saving energy" has been es

This assumes that higher efficiency leads to lower total consumption of energy, the data says otherwise. [1] It is interesting that "saving energy" has been established as a dogma that does not even get questioned. I guess the propaganda by big energy monopolists about "carbon footprint" was very successful. Currently nearly the whole world is running a economic system that is based on economic growth and leads to maximizing resource consumption. Sure using resources efficiently does increase the value society can gain from them but not total consumption. If you stop Bitcoin, people will find other means to use the excess energy. The reasonable way to solve this is to make energy PRODUCTION stop using fossil fuels anymore. Simple as that. That is why we need to keep talking about our carbon footprints so we don't take any action that might go against the interest of certain corporations. [1] > The data and analyses presented here show that historically, over long time periods, improvements in efficiency have not succeeded in outpacing increases in the quantity of goods and services provided. https://web.mit.edu/2.813/www/readings/DahmusGutowskiEfficiency.pdf https://web.mit.edu/2.813/www/readings/DahmusGutowskiEfficie...