Re:Microsoft has sunk a data centre in the sea to investigat...
by perl4ever on Friday June 08, 2018 @09:19AM
(#17264969)
"it's a simple fact that we never critique ANY other technology or field in terms of energy consumption this way"
We do, though. I just did. I pointed out that a $100 bill costs about 10 cents to make, whereas mining $100 worth of BTC requires $100 in electricity be used.
Oh I think bitcoin is plenty destructive, but it's a simple fact that we never critique ANY other technology or field in terms of energy consumption this way. We don't break down the industry-at-large in terms of energy consumption, and evaluate whether that's a valuable ROI. We don't do that because doing so is reductive.
Power isn't fungible.
You know what I think is a waste? All the brain power and human resource time spent on solving problems with bitcoin when we could be putting that time toward going to Mars.