Re:The political case for a blanket cryptocurrency ban
by hungryforcodes on Thursday April 01, 2021 @12:11PM
(#26662403)
A bitcoin mining operation is effectively no different than say an Amazon or Microsoft data center. But no one ever talks about those or demonizes them.
"The music video for “Despacito” set an Internet record in April 2018 when it became the first video to hit five billion views on YouTube. In the process, "Despacito" reached a less celebrated milestone: it burned as much energy as 40,000 U.S. homes use in a year."
At the end of the day it comes down to where people want to put their energy allocations. Large scale Bitcoin and or cryptocurrency mining operations are mostly just other buildings with racks of computers.
"The music video for “Despacito” set an Internet record in April 2018 when it became the first video to hit five billion views on YouTube. In the process, "Despacito" reached a less celebrated milestone: it burned as much energy as 40,000 U.S. homes use in a year."
One youtube video.
https://fortune.com/2019/09/18/internet-cloud-server-data-ce...
At the end of the day it comes down to where people want to put their energy allocations. Large scale Bitcoin and or cryptocurrency mining operations are mostly just other buildings with racks of computers.