There are plenty of projects that use spare computational power for useful things. Like folding@home, which models protein structures to come up with potential drugs. Why not use the excess electricity for one of those?
That would be great! And I’m sure there are people doing it. And if 2.3% of the US Power grid were dedicated to that I’m sure some people would be upset about it too
My basic point is I don’t think there is anything morally wrong with Bitcoin miners using energy, even though this is a narrative that is very popular now. There are plenty of other valid criticisms of Bitcoin, but I don’t think this one stands up to scrutiny.
There are plenty of projects that use spare computational power for useful things. Like folding@home, which models protein structures to come up with potential drugs. Why not use the excess electricity for one of those?
That would be great! And I’m sure there are people doing it. And if 2.3% of the US Power grid were dedicated to that I’m sure some people would be upset about it too
My basic point is I don’t think there is anything morally wrong with Bitcoin miners using energy, even though this is a narrative that is very popular now. There are plenty of other valid criticisms of Bitcoin, but I don’t think this one stands up to scrutiny.