sodalite@slrpnk.net to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 11 months agoIt’s not just electricity — Bitcoin mines burn through a lot of water, toowww.theverge.comexternal-linkmessage-square9fedilinkarrow-up163arrow-down15
arrow-up158arrow-down1external-linkIt’s not just electricity — Bitcoin mines burn through a lot of water, toowww.theverge.comsodalite@slrpnk.net to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 11 months agomessage-square9fedilink
minus-squarekbal@fedia.iolinkfedilinkarrow-up11arrow-down2·11 months agohttps://digiconomist.net/bitcoin-energy-consumption Okay, but it’s not as if electricity consumption isn’t more than enough by itself to prove bitcoin a worse than useless idea.
minus-squareJackGreenEarth@lemm.eelinkfedilinkarrow-up3arrow-down7·11 months agoIt’s fine if it’s renewable electricity
minus-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up6arrow-down1·11 months agoThat energy could still be going somewhere else or used to make hydrogen. Plus making the cards is pretty material and energy intensive.
minus-squareJackGreenEarth@lemm.eelinkfedilinkarrow-up1arrow-down6·11 months agoWhy is making hydrogen useful? The universe is 99% hydrogen.
minus-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up6·edit-211 months agoThe atmosphere of earth is 0.000055% hydrogen, so it’s not common here. But it’s useful because it’s an easily transportable energy storage medium.
minus-squareStar@lemmy.blahaj.zonelinkfedilinkarrow-up1·11 months agoWhat doea bitcoin do for the world?
https://digiconomist.net/bitcoin-energy-consumption
Okay, but it’s not as if electricity consumption isn’t more than enough by itself to prove bitcoin a worse than useless idea.
It’s fine if it’s renewable electricity
That energy could still be going somewhere else or used to make hydrogen. Plus making the cards is pretty material and energy intensive.
Why is making hydrogen useful? The universe is 99% hydrogen.
The atmosphere of earth is 0.000055% hydrogen, so it’s not common here. But it’s useful because it’s an easily transportable energy storage medium.
What doea bitcoin do for the world?
is use by cryptobro