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> on balance detrimental to society relatively recently Let's not forget Crypto mining has a not insignificant energy footprint, and is a driver of climate cha

> on balance detrimental to society relatively recently Let's not forget Crypto mining has a not insignificant energy footprint, and is a driver of climate change. Really, detrimental to society from the get-go.

ClumsyPilot 3y ago
> Crypto mining has a not insignificant energy footprint So do casinos and Las Vegas. Its basically the same thing
hanniabu 3y ago
Ethereum doesn't use mining and is incredibly energy efficient, estimated at 0.0026 TWh/yr (1/100th of Paypal) https://ethereum.org/en/energy-consumption/ https://ethereum.org/en/energy-consumption/
- jdiff 3y ago
  Paypal has far more than 100x the adoption of Ethereum
  - hanniabu 3y ago
    Ethereum processes 6x more than PayPal
    - jdiff 3y ago
      That's... the kinda claim that begs a source and an air freshener.
      - hanniabu 3y ago
        https://money-movers.info/ https://money-movers.info/
JCharante 3y ago
minting coins and printing bills has a huge energy footprint too