Re:The political case for a blanket cryptocurrency ban
by lmilcin on Wednesday March 31, 2021 @01:55PM
(#26650612)
So where and how much of the mining network utilizes this or similar?
We are looking for at least significant portion of 130TWh the mining network currently uses. I just don't see all those old dams adding anywhere close to 1% of that value (although you have a chance to post your sources).
You see, bitcoin mining currently uses 10x the amount of capacity used by Google and 50% of what ALL DATACENTERS IN THE WORLD are using.
We are looking for at least significant portion of 130TWh the mining network currently uses. I just don't see all those old dams adding anywhere close to 1% of that value (although you have a chance to post your sources).
You see, bitcoin mining currently uses 10x the amount of capacity used by Google and 50% of what ALL DATACENTERS IN THE WORLD are using.
https://www.bbc.com/news/science-environment-56215787
Your argument doesn't hold any water (pun intended).