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Re:When Bitcoin miners take over a town (2018) by aokiji on Sunday February 21, 2021 @09:52AM (#26213821)
So now we are using the climate as an excuse to attack bitcoin? Weak propaganda.
Re:When Bitcoin miners take over a town (2018) by maxerickson on Sunday February 21, 2021 @09:56AM (#26213862)
It's not a new development, people have been pointing out the large amount of energy consumed for quite some time.
Re:When Bitcoin miners take over a town (2018) by probably_wrong on Sunday February 21, 2021 @10:02AM (#26213921)
The article is from March 2018. It is indeed not a new development.
Re:When Bitcoin miners take over a town (2018) by freedomben on Sunday February 21, 2021 @10:22AM (#26214076)
It is true that the climate is used frequently as a convenient weapon against things people don't like politically, but this is a real issue.

I'm a huge proponent of crypto currencies. I rail against the abuses from central banks like the Fed, and the evils of using a currency to engineer control over free people. I point this out so you know I think crypto currencies like Bitcoin are super important.

But if we destroy our climate/environment, crypto currencies aren't going to feel like a big deal. We have to care about it.

There are alternative models. One of the reasons I got into Eth was the work on proof-of-stake over proof-of-work they were undertaking.

As proponents of bitcoin I think we do ourselves (and bitcoin) a disservice by dismissing climate-based criticisms. Sure the messenger may not be sincere and with the best of intentions, but lets take the argument seriously regardless. If there are problems with the argument, let's address those rather than question the credibility of the messenger.

Re:When Bitcoin miners take over a town (2018) by Angostura on Sunday February 21, 2021 @10:00AM (#26213910)
It uses a shocking amount of energy. Is it wrong to point this ou?
Re:When Bitcoin miners take over a town (2018) by arebop on Sunday February 21, 2021 @10:13AM (#26214005)
Aluminum production and datacenter operations also use a shocking amount of energy. Apparently Argentina uses a lot of electricity. People complain about bitcoin specifically because they don't recognize any value and they're frustrated that other people disagree. If they were genuinely worried about environmental impact, they'd look at the externalities of electricity production & distribution in a more general way (cap & trade? carbon tax?) rather than arguing that one particularly visible use of electricity is immoral.
Re:When Bitcoin miners take over a town (2018) by DanBC on Sunday February 21, 2021 @10:29AM (#26214124)
We get something useful from aluminium production.
Re:When Bitcoin miners take over a town (2018) by doomroot on Sunday February 21, 2021 @02:08PM (#26216153)
Subjectively. Clearly bitcoin users get something useful or they wouldn’t use it, no?
Re:When Bitcoin miners take over a town (2018) by smabie on Sunday February 21, 2021 @02:54PM (#26216531)
we clearly get something useful from bitcoin
Re:When Bitcoin miners take over a town (2018) by mtnGoat on Sunday February 21, 2021 @10:39AM (#26214211)
Alcoa owns 24-26% of a very large hydroelectric dam in Wenatchee Washington. It’s more profitable to sell their power shares then to run their plant, so the largest(also one of the best paying) employer in town shuttered their plant to sell power instead.

There are also economic impacts not just ecological.

Re:When Bitcoin miners take over a town (2018) by cuchoi on Sunday February 21, 2021 @10:06AM (#26213947)
Bitcoin uses the same amount of energy as Argentina. I think is fair to raise the issue.
Re:When Bitcoin miners take over a town (2018) by FatalLogic on Sunday February 21, 2021 @10:01AM (#26213913)
Some people might choose to focus on that issue, but the article is about a lot more than that
Re:When Bitcoin miners take over a town (2018) by giacaglia on Sunday February 21, 2021 @09:59AM (#26213891)
This attack will become more and more common