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Coiners/cryptoenthusiasts need to give up the ghost on the energy argument--even if you're up to date on the Xinjiang/Sichuan miner migrations, it doesn't change that BTC intrinsically uses a ton of power to generate block reward. Be a realist, y'all just look silly!
I'm enough of an enthusiast that I've seriously considered pivoting my career to this stuff, and even I know that at the end of the day the network runs on a ton of juice, doing whataboutism re: the finance sector's energy use just shows how silly the coiner position is
Tbh I have come to unironically embrace the ARK position that long-term, cryptocurrencies can be an incentive for more efficient energy storage and use for computing but that in the short term it does all blow and hurts the environment until an adjustment
Maybe, but the majority of power usage is 0 sum, i.e. a unit consumed = another unit produced. All else equal that's going to increase CO2 emissions faster than renewable energy. The amount of truly "stranded" energy resources are fewer than most crypto bulls like to imagine imo
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