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TopicOver 2% of total US electricity generation now goes to bitcoin mining
streamofthesky
02/05/24 9:33:58 AM
#18:


China, like w/ its Tik Tok vs. ours, once again shows it knows better than we do about the menace of certain Current Things.
It sucks b/c electricity prices already spiked and it's basically going to kill the electric car (which I wouldn't be surprised if that was a hidden goal of the people financially propping up this Tulip frenzy), but raising electricity prices is the only easy way to stop this shit.
And then these fuckers will just move on to another country.

Unsuprised_Pika posted...
It should be a crime to mine it unironically

-Worsens climate change
-Drives up energy prices
-Might legit kill people in areas going through severe weather by being the tipping point for causing rolling blackouts.
-The stupid shit where we pay them to stop is absurd.

I hope someone is engraving some stone walls/tablets w/ pictographs of our hubris for when climate change wipes us all out. So that if any humans in the far future survive or aliens find our planet, they can understand how in an environment already teetering b/c of our own emissions, we as a species decided to accelerate towards oblivion by inventing a new fake currency that demands the equivalent of burning down a small forest every day in carbon footprint.

Amocat posted...
Im surprised its that low, considering ho important Bitcoin is
It's 2% of all electricity usage. Try to think of everything electricity is used for between home and offices, then quadruple the number b/c I guarantee you forgot a lot of things.
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