Re:Bitcoin's Climate Change Impact Is Under Scrutiny
by rlpb on Friday March 12, 2021 @09:25PM
(#26443340)
> Itβs just a bunch of wasted energy to arbitrarily move money from one set of traders to another.
If it's wasted energy, then it's wasted money. But traders don't have unlimited funds. They are somehow generating at least as much wealth as the value of the electricity that is being used.
If it's wasted energy, then it's wasted money. But traders don't have unlimited funds. They are somehow generating at least as much wealth as the value of the electricity that is being used.