ScottAkenhead,
@ScottAkenhead@masto.ai avatar

Bitcoin is dirty, dirty, dirty.

“The worldwide BTC mining network consumed 173.42 TWh of electricity during the 2020–2021 period, bigger than the electricity consumption of most nations. The mining process emitted over 85.89 Mt of CO2eq in the same timeframe, equivalent to the emission caused by burning [42 million tons] of coal or running 190 natural gas‐fired power plants.”

https://agupubs.onlinelibrary.wiley.com/doi/10.1029/2023EF003871

kkarhan,
@kkarhan@mstdn.social avatar

@ScottAkenhead And let's not get over the wasted to build :bitcoin: |s, because fabricating custom that cannot be repurposed for anything at all alongside the and auxiliary components takes a shitload of expensive and not envoirementally-friendly materials and an absurd amount of energy.

Compared to i.e. :monero: where COTS hardware is used that can be used for computing and not end up as once it's unprofitable to with...

WhyNotZoidberg,
@WhyNotZoidberg@topspicy.social avatar

@ScottAkenhead in short BitCoin it literally a modern oil rush.

sab,
@sab@hostux.social avatar
Frances_Larina,
@Frances_Larina@sfba.social avatar

@ScottAkenhead

And to do...what? What was created or made by releasing all that carbon into the atmosphere?

mathw,
@mathw@hachyderm.io avatar
Frances_Larina,
@Frances_Larina@sfba.social avatar

@mathw @ScottAkenhead

May future archaeologists label this as the burning of wealth that it is, on a global societal scale.

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