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A comment on Ethereum will use around 99.95% less energy post merge. Parent comment

Re:Ethereum will use around 99.95% less energy post merge by chrischattin on Tuesday May 18, 2021 @11:33AM (#27196031)
Youtube alone uses 2x the amout of energy as the entire Bitcoin network, for perspective.
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Re:Ethereum will use around 99.95% less energy post merge by dtech on Tuesday May 18, 2021 @11:38AM (#27196121)
Youtube provides entertainment for literally billions of people

Bitcoin provides... idk a way for some people to make a lot of money and some others to lose it?...

Even if we say that BTC provides some value by transferring money etc. the amount of value per Watt is so slanted its ridiculous to even make that argument.

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Re:Ethereum will use around 99.95% less energy post merge by chrischattin on Tuesday May 18, 2021 @11:46AM (#27196242)
Bitcoin is an independent financial network. It opens up economic access to literally billions of people currently shut out of the traditional financial system. I'd say that's quite valuable to the human race.
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Re:Ethereum will use around 99.95% less energy post merge by selfhoster11 on Tuesday May 18, 2021 @11:40AM (#27196152)
Because entertainment is so useful? What's your utility function to decide which one is more worthy of using electricity? Why should we use your utility function in particular?
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Re:Ethereum will use around 99.95% less energy post merge by rapnie on Tuesday May 18, 2021 @11:38AM (#27196130)
..to deliver quality video services to a billion people, instead of handling a handful of transactions for some greedy financial speculators.
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Re:Ethereum will use around 99.95% less energy post merge by artifact_44 on Tuesday May 18, 2021 @11:53AM (#27196372)
But.. I pay my YouTube subscription with my Bitcoin. :(
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Re:Ethereum will use around 99.95% less energy post merge by mytherin on Tuesday May 18, 2021 @11:36AM (#27196104)
Source?
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Re:Ethereum will use around 99.95% less energy post merge by chrischattin on Tuesday May 18, 2021 @11:45AM (#27196219)
Youtube uses 243.6 TWh - https://thefactsource.com/how-much-electricity-does-youtube-...

Bitcoin uses ~118 TWh - https://digiconomist.net/bitcoin-energy-consumption

Youtube souce is from 2019, Bitcoin one is current.

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Re:Ethereum will use around 99.95% less energy post merge by mytherin on Wednesday May 19, 2021 @02:08AM (#27205146)
The first source does not seem particularly reliable, it makes some back of the envelope calculations based on extrapolated stats that are not even sourced.

Other sources put Google’s total energy usage (including youtube) at around 12 TWh [1]. Total datacenter usage is estimated to be around 205 TWh [2].

[1] https://www.statista.com/statistics/788540/energy-consumptio...

[2] https://energyinnovation.org/2020/03/17/how-much-energy-do-d...

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Re:Ethereum will use around 99.95% less energy post merge by pavlov on Tuesday May 18, 2021 @11:35AM (#27196080)
That's just not true.
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Re:Ethereum will use around 99.95% less energy post merge by artifact_44 on Tuesday May 18, 2021 @11:55AM (#27196389)
..they said authoritatively, and without evidence.
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