• Klear@sh.itjust.works
    5·
    11 months ago

    However, correct me if I’m wrong here because I’m not that much invested in bitcoin as a tech or investment, but isn’t almost half of the energy used on bitcoin generated from renewables? I could swear I saw an article about it somewhere.

    It’s still wasted energy. If it wasn’t used on bitcoins, it would have been used on other things - some of which had to be powered by fossil fuels.

      • mandos@lemm.ee
        3·
        11 months ago

        How does that even make sense? Renewable is cheaper than burning petrol, of course there’s a shortage.

          • mandos@lemm.ee
            31·
            11 months ago

            I don’t think you understand how the electric grid works if you say that wasting energy into creating heat is the way to go.