If there is a geothermal source of energy in a location that is impossible to transmit electricity from, and you use it to mine bitcoin, is this immoral and a “waste” of energy? This literally happens in Iceland.
Re:Ethereum Is a Dark Forest
by orthecreedence on Monday August 31, 2020 @04:05PM
(#24335396)
Yes.
While they will talk about marginal value, they don't talk about entire systems incentivized to operate by creating value destructively, aka externalization at its finest.