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I wouldn’t say the energy use of non-proof of work chains is millions of times worse than existing traditional finance and web2 solutions. Probably comparable.
by pshc 4y ago
I wouldn’t say the energy use of non-proof of work chains is millions of times worse than existing traditional finance and web2 solutions. Probably comparable. There is much energy wasted in the products themselves and knock-on effects. Machine learning for ads and analytics, for example. Banks using thousands of warm bodies to push around excel spreadsheets.
Google might build some of their data centers up in Iceland, but that’s not the full picture.
- bertil 4y ago> I wouldn’t say the energy use of non-proof of work chains is millions of times worse than existing traditional finance and web2 solutions. Probably comparable. Then you would not know what you are talking about. > Google might build some of their data centers up in Iceland, but that’s not the full picture. No, they have dozens of data centers, on every continent, and all of them are in areas with cheap, carbon-neutral supply. You think that you are being smart by being dismissive about their effort, and the effort of dozens of companies who host their own infrastructure, but that condescension and lack of expertise is just one more example of why Crypto advocates are so unconvincing.
- pshc 4y agoOkay I have to concede the second point. Clearly I was feeling pretty flippant at the time. Unsure about the former point.