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1. Cocoron :sunbeam: (cocoron@sunbeam.city)'s status on Thursday, 17-May-2018 12:39:50 EDT Cocoron :sunbeam:

   "By late next year, #bitcoin could be consuming more electricity than all the world’s solar panels currently produce — about 1.8 percent of global electricity, according to a simple extrapolation of the study’s predictions. That would effectively erase decades of progress on renewable energy."

   https://grist.org/article/bitcoins-energy-use-got-studied-and-you-libertarian-nerds-look-even-worse-than-usual/

   1. Sean R. Lynch ☑️ (seanl@social.literati.org)'s status on Thursday, 17-May-2018 13:34:07 EDT Sean R. Lynch ☑️

      in reply to

      @cocoron My flippant answer to this is "who the fuck cares as long as they're paying for it."

      Except they're not paying for it.

      But then isn't the problem that people can get access to subsidized electricity to use for arbitrary purposes, not Bitcoin itself?

      What if they were running cloud computing services on that electricity? (In fact they almost certainly are but nobody cares because it's not an EVIL CRYPTOCURRENCY.)